February 19, 2026
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Santa Monica Planning Commission Approves Eight-Story Hotel Development on Colorado Avenue

Hotel would bring 74 rooms to 516 Colorado Avenue

A new hotel development has received clearance from the Santa Monica Planning Commission.

The proposed project, which was first announced in August 2022, would feature an eight-story, 74-room hotel on a vacant lot located at 516 Colorado Avenue in Downtown Santa Monica. Plans also include a ground-floor restaurant with outdoor dining but no on-site parking. 

The design by architect Howard Laks consists of four separate building blocks connected by an exterior circulation corridor that provides natural ventilation. Renderings of the development also show a rooftop deck. 

The property is owned by an entity linked to Santa Monica-based property management firm XYZ Rent, who acquired the site after the closure and demolition of Angel’s Attic – a late 19th-century Victorian home that once stood there.

With approval from the Planning Commission on a 6-1 vote, the project will now move forward for consideration by the Architectural Review Board.

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