May 6, 2021 Breaking News, Latest News, and Videos

NMS Granted Development Agreement To Convert Space Into Units:

Council members approved a Development Agreement (DA) last week that permits NMS Properties, Inc. to convert non-usable space into four new residential units in Downtown Santa Monica.

Plans call for about 3,038 square feet of non-usable space to be converted into three two-bedroom units and a one-bedroom unit within an existing six-story, mixed-use development that contains 50 residential units and about 900 square feet of ground floor commercial space.

The property is located at 1548 Sixth Street near Colorado Avenue.

As part of the DA, city staff required NMS Properties to commit to a few community benefits.

“Given the limited scope and size of the project modifications, the level of community benefits proposed for this project is less than that negotiated from projects involving complete site development,” city staff said.

Those community benefits include a Transportation Demand Management (TDM) plan, the inclusion of one very low-income residential unit, monetary contribution of a traffic impact fee, bicycle racks, bicycle sharing area, a Transportation Information Center, and shared parking.

City staff added the project at 1548 Sixth Street features market rate units, with the exception of the new affordable unit requirement in the approved DA.

“All four of the new units to be added within the existing building, including the affordable unit, are proposed without additional parking being provided, based on the TDM Plan and the close proximity to public transit, including the future Expo station,” city staff said in its report to council members.

The DA also includes provisions for unbundled parking.

“The property owner would unbundle the parking through this Development Agreement. As parking becomes available, the affordable unit tenant(s) would have first priority to one available space at no cost above the set rent for a very-low income unit,” city staff stated. “If the tenant of the affordable unit opts not to have a parking space, the property owner may lease that space to someone else, who may or may not reside in the building.”

A mixed-use development, featured at 1548 Sixth Street are, according to city staff, “54 residential units, 900 square feet of retail use, and 102 parking spaces on-site.”

The staff report stated the total residential parking needed is 99 spaces for 50 existing units.

When the building was first approved in 2006, its third floor plan design called for 3,038 square-foot area of non-usable space that would open to the units below, city staff said.

“However, when the building was constructed (in 2010), the third floor was not built with the openings and the entire 3,038 square feet was considered non-usable space,” city staff added.

The city staff confirmed both the DA and the project are consistent with the Land Use and Circulation Element (LUCE).

Planning Commissioners reviewed and recommended the DA in March.

in News
Related Posts

Riviera Mansion on Market for $25 Million

May 4, 2021

May 4, 2021

 6 bedroom, 10 bathroom Riviera mansion hits market  By Chad Winthrop A nearly century-old Riviera mansion complete with a speakeasy...

Venice’s Fox Theater Revamp

May 4, 2021

May 4, 2021

A developer wants to revamp the historic Fox Theater building in Venice. Learn more in this video made possible by...

Edify TV: Site Work Begins on Nearly Billion Dollar LAX Station

May 4, 2021

May 4, 2021

Site work has begun for a nearly billion dollar light rail transit station coming to LAX. Learn more in this...

Nearly 50-Unit Affordable Housing Complex Breaks Ground in Santa Monica

May 4, 2021

May 4, 2021

Development combines retail and residential units  By Toi Creel A 50-unit affordable housing complex recently broke ground in Santa Monica’s...

Edify TV: Concert Capacity Rules Issue for Small Venues

May 4, 2021

May 4, 2021

Live music is back in LA County but the owner of a Westside jazz club says reopening will have to...

Santa Monica City Council Gives Green Light to Pursue Main Street Closures

May 3, 2021

May 3, 2021

Lawmakers instruct staff to develop proposal that would close Main Street to vehicles on weekends By Sam Catanzaro Santa Monica’s...

Rents on The Rise In Santa Monica: Santa Monica Beat – May, 3, 2021

May 3, 2021

May 3, 2021

Local news and culture in under 5 minutes. * Rents on The Rise In Santa Monica * Natural Gas Leak...

Woman Killed by Vehicle on 10 Freeway in Santa Monica

May 3, 2021

May 3, 2021

Victim struck at Cloverfield Boulevard on-ramp Sunday night By Sam Catanzaro A woman was struck and killed by a vehicle...

Santa Monica Police Use Naloxone to Save Overdose Victim in Park

April 29, 2021

April 29, 2021

SMPD save woman who has overdosed on Oxocodone By Sam Catanzaro Santa Monica police used Naloxone to save a woman...

Edify TV: Could Penmar Golf Course Become Affordable Housing?

April 29, 2021

April 29, 2021

Under a state bill facilities like Penmar golf course could be converted into space for affordable housing. Learn more in...

Hard Kombucha Tasting Room Opens on Main Street

April 29, 2021

April 29, 2021

JuneShine opens on Main Street in Santa Monica Toi Creel A hard kombucha tasting room has opened on Main Street...

Italian-Style Raw Seafood Bar Comes to Santa Monica

April 29, 2021

April 29, 2021

Crudo e Nudo, a new Italian-style raw seafood bar on the Westside offers sustainably sourced fresh fish, shellfish and crustaceans....

Film Review: The Serpent

April 28, 2021

April 28, 2021

8 One-Hour Episodes Miniseries Released April 2nd on Netflix The Serpent is an intense miniseries based on the horrific true...

Heal the Bay Aquarium Under Santa Monica Pier Reopens

April 27, 2021

April 27, 2021

Aquarium opens with patio exhibits for weekends By Sam Catanzaro The Heal the Bay Aquarium under the Santa Monica Pier...

Santa Monica College Student Film to be Screened at Cannes

April 27, 2021

April 27, 2021

SMC student film “Broken Layers” accepted into The American Pavilion at Cannes By Sam Catanzaro Santa Monica College (SMC) student...