The Structure Will Feature Ground Floor Commercial Space and a Three-Level Parking Facility
A cluster of business edifices have yielded ground to accommodate the freshest mixed-use venture by Cypress Equity Investments (CEI), Urbanize LA reported.
The cleared site at 1527 Lincoln Boulevard is poised for the erection of a novel eight-story establishment that will encompass 210 residential units including 21 that qualify as affordable housing. The structure will also feature ground floor commercial space and a three-level parking facility capable of housing 321 automobiles and 270 bicycles.
The architectural endeavor for 1527 Lincoln is under OfficeUntitled, whose vision manifests in renderings as a contemporary podium-style structure. The project’s inception involved a comparatively smaller five-story structure, harboring 114 residential units. However, the design evolved due to zoning modifications introduced consequent to revisions in Santa Monica’s housing element.