Santa Monica real estate projects.

Santa Monica real estate projects.

Santa Monica

These upcoming residential developments are located near the Metro Expo Line expansion that opened in Santa Monica last year. The 500 Broadway mixed-use residential project and others nearby seek to capitalize on pedestrian-friendly locations within walking distance of the new Santa Monica rail terminus, the Santa Monica Pier and Third Street Promenade. Another key project is Arroyo, which will add affordable housing in a city that has seen rising real estate prices as companies vie for space in the hot Silicon Beach market.

– Neil Nisperos

1. 1415 FIFTH ST.

MIXED-USE PROJECT

Cost: $35 million

Location: 1415 Fifth St.

Description: Six-story, 64-unit apartment complex with 7,535 square feet of commercial space

Developer: WNMS Communities

Architect: Michael W. Folonis Architects

Estimated Completion: March 2020

2. 500 Broadway

MIXED-USE PROJECT

Cost: N/A

Location: 500 Broadway

Description: Seven-story, 262-unit apartment complex with 65,200 square feet of commercial space

Developer: DK Broadway

Architect: Koning Eizenberg Architecture Inc.

Estimated Completion: N/A

3. THE ARROYO

Cost: $44 million

Location: 1626 Lincoln Blvd.

Description: Five-story affordable housing

apartment complex with 64 units

Developer: Community Corp. of Santa Monica

Architect: Koning Eizenberg Architecture

Completion Date: August 2018

4. 1560 LINCOLN BLVD.

MIXED-USE PROJECT

Cost: $61.8

Location: 1560 Lincoln Blvd.

Description: Five-story, 100-unit apartment complex with 13,800 square feet of commercial space

Developer: WNMS Communities

Architect: Killefer Flammang Architects

Estimated Completion: November 2019

1601 LINCOLN BLVD.

MIXED-USE PROJECT

Cost: $50 million

Location: 1601 Lincoln Blvd.

Description: Five-story, 90-unit apartment complex

with 10,617 square feet of commercial space

Developer: Century West Partners

Architect: Michael W. Folonis Architects

Estimated completion: November 2019

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