June 14, 2021 Breaking News, Latest News, and Videos

84-Foot Downtown Santa Monica Building Proposal Gains Initial Support:

Slow growth does not mean no growth. Though a proposed multi-use project in front of the Santa Monica Planning Commission did not squarely fit with the specifications outlined by the City’s trusty land use document, commissioners – including those who have consistently advocated for slow growth – voted July 9 to allow a development agreement (DA) to build a seven-story, 84-foot building at the Fred Segal Building on Fifth and Broadway to move ahead in the process.

Located at 500 Broadway, the DA proposes 330,344 square feet of mixed-use development, including about 262 residential units and 577 parking spaces in four levels of subterranean parking.

The developers told commissioners the goal of the 500 Broadway project was to fill the need for more housing in downtown Santa Monica.

“There’s a real serious imbalance downtown between jobs and housing,” Tom Paradise, the project manager for 500 Broadway, told the commission. “Some 27,000 people work downtown. Only 3,000 people live downtown. We think there is a need for more family housing.”

Paradise told the commission most of the housing downtown – about 80 percent, he said – are either studios or one-bedroom units.

He also said the project’s affordable housing element would exceed the City’s requirements.

Other elements of the multi-use development include ground-floor retail, proximity to an Expo Line station (Fourth and Colorado), open space, and widened sidewalks.

The ground-floor retail would possibly be a large grocery store, Paradise said.

To Paradise’s point of the housing imbalance and type, the proposed DA, according to City staff, proposes a residential unit mix of no more than 20 percent studio, at least 20 percent two-bedroom, and a minimum of 10 percent of three-bedroom units.

Specifically, City staff stated the proposed unit mix consists of 52 studio (19.9 percent), 128 one-bedroom (48.9 percent), 54 two-bedroom (20.6 percent), and 28 three-bedroom (10.7 percent) units.

Still the discussion on the dais focused on meeting affordable housing requirements, design, parking, widened sidewalks, and the DA not fully being consistent with standards outlined in the Land Use and Circulation Element (LUCE).

For example, neither the height of the building (84 feet and seven stories) nor the residential floor-area ratio, or FAR, of 4.5, are not in compliance with the LUCE.

Also, at least one commissioner hoped the project would include more short-term bicycle parking.

Ultimately, the commissioners were overall pleased with the building’s design and recommended the proposed mixed-use project be allowed to continue to the City Council for a float-up hearing.

The Architectural Review Board (ARB) also supported the overall design of the proposed project.

Beyond the discussion at the July 9 Planning Commission meeting, the 500 Broadway project could be making a cultural arts contribution of about $600,000 and pay nearly $1.4 million for a transportation impact fee.

Other projects in the immediate area surrounding the 500 Broadway DA include the future arrivals of Courtyard Marriott and Hampton Inn and a six-story mixed-use project (DA pending).

The Planning Commission will see this project again at a formal hearing.

in News
Related Posts

Martin Cadillac Redevelopment Takes Shape on Olympic Near Bundy

June 11, 2021

June 11, 2021

West Edge development underway near Expo/Bundy station By Sam Catanzaro Wood and concrete framing is now visible at the Martin...

Sheriff Villanueva Announces Plan to Clear Encampments by July 4th

June 10, 2021

June 10, 2021

LASD Homeless Outreach Services Team visits Venice Boardwalk Tuesday By Sam Catanzaro Deputies were on the Venice Beach Boardwalk Tuesday...

In-Person Events Are Back with Summer Swing Nights: Jazzy Vocals plus Live Big Band – Now with Tap Dance, Swing Lessons, Vendors to Benefit Museum

June 10, 2021

June 10, 2021

Live, in-person entertainment is bringing out happy fans of all ages for Summer Swing Nights: Drive-In Edition. The concert fundraiser features the...

Annenberg Beach House Set for Reopening

June 8, 2021

June 8, 2021

Community beach house begins reopening June 15 for splash pad, stand up paddle and courtyard The Annenberg Community Beach House...

Letters to Editor: Main Street Closures

June 7, 2021

June 7, 2021

The following are two letters sent to the Santa Monica Mirror, one in support and one in opposition, regarding a...

Man Attempts to Cut Throat at St. Monica’s Coffee Shop

June 7, 2021

June 7, 2021

Victim in stable condition following Monday morning incident By Sam Catanzaro A man is in stable condition after cutting himself...

Will Parking Structure #3 Be Demolished? Santa Monica Beat – June 7, 2021

June 7, 2021

June 7, 2021

Local news and culture in under 5 minutes. * Will Parking Structure #3 Be Demolished? * Police Make Two Arrests...

Santa Monica City Council to Consider Main Street Traffic Closure

June 7, 2021

June 7, 2021

City staff recommending closure of the roughly 1,000 feet between Hill Street and Kinney Avenue  By Sam Catanzaro Santa Monica...

Artists Featured For SaMo Pride Rainbow Road Art Walk

June 4, 2021

June 4, 2021

In honor of Pride month Santa Monica Pride (SaMo Pride) is featuring a Rainbow Road Art Walk from June 4th-...

Santa Monica Affordable Housing Development Takes Shape

June 4, 2021

June 4, 2021

Pacific Landing apartments underway at Lincoln and Pacific  By Sam Catanzaro A $28 million affordable housing development is taking shape...