1500 South Granville Avenue was recently completed in Santa Monica. The project was developed by CIM Group, and then sold to UCLA for student housing. The 2.6-acre lot used to be a car dealership. The address is the second half of the project, 11800 Santa Monica Boulevard was completed earlier, and currently hosts a Target, as well as other retail and housing on the upper levels.
Permits have been filed for a new apartment complex at 2221 South Western Avenue, although ground has yet to be broken. CIM Group is the developer behind the project. $8,111,769 is the initial permit valuation for the work intended for the lot.
Developers have successfully broken ground at 2903 Lincoln Boulevard, Los Angeles for developing a mixed-use project. The project proposal includes the construction of a four-story building with residential units, commercial space, and a parking garage.
The “Lumina” in Hollywood is starting to fill up with residents at 5929 West Sunset Boulevard. The project has changed ownership several times, but most recently, it was developed by CIM Group, although they had to make updates replicate the historic street front, with retail space.