The Village Slated for Completion Early Next Year
Coming soon Santa Monica… the final piece in the revitalization of the civic hub in thriving downtown Santa Monica.
Just steps from the beach, The Village at Santa Monica is an urban mix of 318 luxury condominiums and affordable rental apartments, 20,000 square feet of retail and restaurants, and walkable plazas and gardens.
The Village is the first major residential development to be built on highly prized Ocean Avenue in two decades and will offer Pacific Ocean views stretching from Palos Verdes to Point Dume. Adjacent to the RAND headquarters, The Village is within walking distance of a diverse range of Santa Monica attractions and amenities, including the 3rd Street Promenade, public parks and beaches, Main Street, world-class restaurants, shopping, hotels and nightlife.
Next door to the Village is the city’s $55 million seven-acre Palisades Garden Walk & Town Square designed by James Corner and expected to be an international landmark when it opens in 2013.
One block away is the Santa Monica Civic Auditorium slated for a substantial renovation, followed by a major re-launch with programming by the Nederlander Organization. The iconic art deco Santa Monica City Hall also is scheduled for a $50 million restoration and revitalization
Anchoring the famous 3rd Street Promenade is Santa Monica Place which re-opened in August 2010 after a $265 million renovation as an open-air, upscale center. Finally, The Village will have convenient transit access starting in 2015 when the Expo Line opens connecting Santa Monica to downtown Los Angeles.
“The Village will enhance the image of Santa Monica as a place of beauty, style and spirit,” said Mayor Richard Bloom. “The City’s commitment to affordable housing is an integral part of this development. It will help ensure that Santa Monica is an accessible and welcoming community that fosters economic diversity.” “Our intent was to create the ultimate Santa Monica Village,” said Bill Witte, President and CEO of Related California, a premier development company with expertise in both affordable and luxury multi-family residences and mixed-use properties. “We are very sensitive to the responsibility we have for this site that is a one-of-a-kind treasure.”