A new mixed-use project has been proposed for development at 2919 Wilshire Boulevard in Santa Monica. The project proposal includes the development of a new eight-story building offering spaces for retail and residential uses.
Cypress Equity Investments is the project developer. OfficeUntitled is responsible for the designs.
2919 Wilshire Boulevard Facade via OfficeUntitled
The project site is a corner lot that houses a commercial building and surface parking slated for demolition. The scope of work includes the construction of an eight-story building offering 127 apartments over retail space spanning 5,700 square feet. The units will be designed as a mix of studios, one-bedroom,, and two-bedroom floor plans. Parking for 172 vehicles will also be provided on the site.
The developer will use density bonus incentives to permit a larger structure than allowed on the site by zoning rules. In exchange, 13 of the new apartments would be set aside as affordable housing.
2919 Wilshire Boulevard via OfficeUntitled
A project application has been submitted to the Santa Monica Planning Commission, pending review and approval. The estimated construction timeline has not been revealed yet.
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