May 23, 2022 Breaking News, Latest News, and Videos

500 Broadway Edges Forward:

The hotly-contested 500 Broadway mixed-use development was back before Santa Monica City Council Tuesday evening, with the project set to soon be on its way to the Architectural Review Board (ARB).

The first reading of the Development Agreement was approved by City Council, with three amendments expected to return shortly to Council as part of the project’s second reading, according to the City’s Planning & Community Development Department.

The amendments include: 1. The addition for City Council to be notified if the promised market space in the project isn’t leased by a market within 180 days. 2. Specifications excluding office rentals, vacation rentals and corporate rentals for residential units to be in the agreement and also in all residential lease agreements. 3. An allowance of only a 4 percent reduction in upper floors’ space should design changes be required by the ARB.

More than 40 residents stepped up in support of the project Tuesday evening, echoing calls for a downtown Santa Monica revival.

“We are fortunate that such high quality projects can be built in Santa Monica to help address our housing crisis,” Councilmember Terry O’Day told The Mirror

The 500 Broadway project would involve the demolition of the existing one-story commercial (Fred Segal) building and a surface parking lot, and the construction of up to 316,653 sf of mixed use development in a 84-foot high building, according to the City.

The proposed project would include 249 residential units consisting of a mix of studio, one-, two-, and three-bedroom units. The ground floor of the project would include pedestrian-oriented commercial uses, such as retail and restaurant, as well as residential lobbies.

The project would also include approximately 5,500 sf of ground floor open space, including a public plaza with seating, landscaping, outdoor seating for dining, and widened sidewalks.

In addition to market-rate housing at 500 Broadway, the project would include the development of 64 deed restricted affordable housing units to be provided off-site at 1626 Lincoln Boulevard.

in News
Related Posts

Los Angeles Metro Sees 15.9 Percent Increase in Median Rent

May 20, 2022

May 20, 2022

Median rent of $2,258, according to recent report By Dolores Quintana The ongoing pandemic has exacerbated the issues of housing...

New Renderings for Frank Gehry Hotel Development in Santa Monica

May 20, 2022

May 20, 2022

Project would include hotel, apartments, retail and a museum By Dolores Quintana Slowly but surely, plans for a  Frank Gehry-designed...

Shared Mobility Plummets in Santa Monica

May 20, 2022

May 20, 2022

Recent report also shows that nearly half of riders make over $100,000 By Sam Catanzaro Shared mobility use in Santa...

Christopher Dishlip Selected as Santa Monica’s New Assistant Director of Public Works

May 20, 2022

May 20, 2022

Public Works Director Rick Valte announced the selection of Christopher Dishlip as Santa Monica’s new Assistant Director of Public Works....

Letter to Editor: Response to Himmelrich’s “We Walk the Talk” Column

May 20, 2022

May 20, 2022

By Beau Marks As a Santa Monica resident, I am dismayed by Sue Himmelrich’s response (“We Walk the Talk,” Santa...

Motional And UberEats Launch Autonomous Deliveries In Santa Monica

May 18, 2022

May 18, 2022

There Are Plans For Expansion Into The Rest Of Los Angeles Motional, a global driverless technology leader, and Uber Technologies...

Winston Pies Opening Third Location In Santa Monica

May 18, 2022

May 18, 2022

The restaurant used to be known as ButterCrust Pies Winston Pies is staying in Santa Monica when opening their third...

Only 10 Vaquita Porpoises Survive, But The Species May Not Be Doomed

May 17, 2022

May 17, 2022

Hope remains for the porpoise species not only survive but thrive with human help. By Stuart Wolpert The vaquita porpoise,...

The American Cinematheque Brings “Bleak Week” To Santa Monica’s Aero Theatre And The Los Feliz Three Theatre

May 17, 2022

May 17, 2022

33 Films From 18 Countries In One Week. By Dolores Quintana Sometimes when things are tough and you’re feeling down,...

Man Who Murdered His Family Members Pleads Guilty To Five Other Killings

May 16, 2022

May 16, 2022

Escobar injured an additional seven other people as well.  By Dolores Quintana A man, Ramon Escobar, has pleaded guilty to...

The price of gasoline in Los Angeles County Has Experienced The Largest Increase Since February

May 16, 2022

May 16, 2022

Gasoline prices in Orange County Have Also Increased By Dolores Quintana Regular self-serve gasoline in the county of Los Angeles...

Santa Monica Travel Summit Of 2022 Returns To Take On Tomorrow

May 16, 2022

May 16, 2022

The Event Was Held At The Jonathan Club On Santa Monica Beach By Staff Writer The 2022 Santa Monica Tourism...

City Council Extends Santa Monica’s Parklet Program: Santa Monica Beat – May 16th, 2022

May 16, 2022

May 16, 2022

Local news and culture in under 5 minutes.* City Council Extends Santa Monica’s Parklet Program * Santa Monica High School Students...

1221 Ocean Avenue Complex Sold For Record Price

May 16, 2022

May 16, 2022

Sold for a record price of $330 million. By Dolores Quintana The Irvine Company has sold 1221 Ocean Avenue to...

Office Construction Is Starting To Rise In Los Angeles

May 15, 2022

May 15, 2022

Property vacancies are still affecting growth.  By Dolores Quintana In March, the Los Angeles Metropolitan area had 3.2 million square...