March 19, 2024 Breaking News, Latest News, and Videos

Development Agreement For 401 Broadway In Downtown Santa Monica Amended:

A development agreement (DA) originally approved by the Santa Monica City Council in 2011 was revisited and amended Tuesday night, as a shorthanded council approved modifications to building and parking access, ground floor design, and layout.

The four to one vote updated the DA for a proposed mixed-use development at 401 Broadway in downtown Santa Monica. Plans still call for a five-story building with 48 studio and eight one-bedroom residential units. Almost 4,200 square feet would be dedicated to commercial space.

After the DA was approved in 2011, Century West Partners purchased the project in 2012 and revisited the plans.

“After taking a hard look at the approved project, [the new project developer] determined in addition to the financeability challenges, this project would in fact be a much better project with some parking – better for the tenants, better for the downtown,” Dave Rand, an attorney with Armbruster Goldsmith and Delvac, told council members. “The right amount of parking would relieve pressure to the three parking structures surrounding the project site.”

Rand, whose firm represents the Century West Partners, added his client only sought to make cosmetic changes to the final design approved in 2011.

Specifically, the ground floor residential entrance and lobby originally located on Fourth Street would be moved to the frontage along Broadway.

“Also proposed is minor reconfiguration of the ground floor space to accommodate relocated elevators and stairwells,” City staff stated.

Other elements of the proposal include a 274 square foot ground floor residential lobby, 3,606 square feet of rentable commercial space and 706 square feet of outdoor dining area along Broadway.

Council members also approved the developer’s request to add a third subterranean level to the parking garage.

According to City staff, the first subterranean level would include 6,860 square feet of rentable retail space, two unisex showers, and 18 lockers for employees. The second subterranean parking level would include 24 parking spaces and 28 residential bike lockers. Finally, 25 parking spaces and 28 residential bike lockers would be in the third subterranean level.

“All spaces will be used by residents,” City staff stated. “The 49 spaces include 27 standard spaces and 22 compact spaces with extra width.”

The project was initially approved with no parking. However, financial challenges led the developer to seek the addition of parking to the project.

Also approved was an enhanced community benefits package, which included 10 affordable housing units (five very low and five moderate), a LEED Gold certification, and at least 24 photovoltaic panels on the roof.

The original DA proposed six affordable housing units and LEED Silver certification.

Another proposed community benefit: the developer would make a $25,000 contribution to an interest-bearing trust fund for historic preservation in the downtown.

Some aspects of the proposed project remains similarly in tact to the original DA, such as building height and the total number of units.

Council member Ted Winterer noticed a few subtle changes in the design plans, such as less landscaping and a moved stairway potentially altering spacing and ventilation.

Mayor Pam O’Connor was absent from the Oct. 8 council meeting; Council member Bob Holbrook was not present for the 401 Broadway DA agenda item.

Council member Tony Vazquez, who questioned how the infusion of parking to the project would be an asset for the downtown, was the sole vote against the amended DA.

The initial DA, which was brought to City Hall and the council by Steve Henry and Fourth and Broadway LLC, was approved in December 2011.

Century West Partners took over the proposed project on the corner of Fourth Street and Broadway in December 2012.

in News
Related Posts

Fatal Crash Claims Life of Woman on Pacific Coast Highway in Malibu

March 18, 2024

March 18, 2024

Accident Victim Identified in Thursday Night Accident A woman tragically lost her life in a Thursday evening crash along the...

California Wildlife Center Responds to Distressed Marine Mammal at Little Dume Beach

March 18, 2024

March 18, 2024

Third Gray Whale Stranding of 2024 Prompts Concern in Malibu On the morning of Saturday, March 16, the California Wildlife...

Woman Drives Car In Ocean After High Speed Police Chase

March 18, 2024

March 18, 2024

Law enforcement officers pursued her along the I-110 and I-405 until she reached the vicinity of Venice Beach A woman...

Santa Monica Authorities Seek Public’s Help After Sexual Assault Incident

March 17, 2024

March 17, 2024

SMPD Urges Anyone With Information to Come Forward Authorities in Santa Monica are seeking information from the public after a...

FBI Seeks Victims of Alleged Online Exploitation Scheme Allegedly Run by Resident of Santa Monica

March 17, 2024

March 17, 2024

Individuals Urged to Come Forward in Investigation of John Douglas Burch The FBI’s Philadelphia Field Office is urging individuals to...

(Video) Sarah Kate Ellis, President and CEO of GLAAD Responds to News of Nex Benedict’s Cause of Death

March 15, 2024

March 15, 2024

Sarah Kate Ellis, President and CEO of GLAAD, responds to the release of the Oklahoma Medical Examiner’s Ruling on Nex...

Venice Family Clinic Announces Inaugural HEART Gala to Celebrate Health and Art

March 15, 2024

March 15, 2024

Event Honors Creative Community and Supporters of Vital Health Care Services Venice Family Clinic, a non-profit community health center dedicated...

“Love Lies Bleeding” is Ripped: Actress Katy O’Brian Talks Love, Sex, and Vulnerability

March 15, 2024

March 15, 2024

Katy O’Brian is a Breakout Star Who Shines in Loving and Hilariously Violent Crime Film English film director Rose Glass’...

Pacific Park on Santa Monica Pier Sold to SC Holdings, $10M Investment Planned

March 14, 2024

March 14, 2024

The Cultural Institution Set for Exciting Upgrades Santa Monica Amusements LLC (SMA), the operating group of Pacific Park on the...

Woman Returns $1K Worth of Stolen Items After Store Finds Her Social Media Account

March 14, 2024

March 14, 2024

For the Owner, the Incident Is Perhaps Indicative of an Environment at the Palisades Village Where Smaller Businesses Are More...

LAPD Identify Suspect Who Struck 6-Year-Old Girl Last Weekend

March 14, 2024

March 14, 2024

An Arrest Was Made Following “Another Incident” in Venice By Zach Armstrong  The Los Angeles Police have identified Ahsante Lamar...

SMC to Host Free Screening of West Coast Hip Hop Documentary

March 14, 2024

March 14, 2024

Free Presentation Includes Audience Q&A with Hip Hop Icons Santa Monica College (SMC) is set to host a complimentary screening...

IRS Launches Direct File Pilot of Free Filing Tool for Taxpayers in California, 11 Other States

March 14, 2024

March 14, 2024

Free, Convenient Online Tax Filing Option Now Available for Eligible Individuals The Internal Revenue Service (IRS) announced the official launch...

SMPD Arrests Man Who Allegedly Attacked Girlfriend, Brandished Replica Firearm at Her Daughter

March 13, 2024

March 13, 2024

The Man Faces Charges of Felony Domestic Violence and Misdemeanor Child Abuse A suspect is in custody after a domestic...

A New Civil Lawsuit Against Roman Polanski Has Moved Forward to Trial

March 12, 2024

March 12, 2024

Director Faces Allegations From 1973, Santa Monica Judge Sets Date A trial date of August 4, 2025, has been set...