Construction crews have started excavation at 9900 Venice Boulevard in Palms, where a seven-story, 54-unit apartment complex with 3,000 square feet of ground-floor retail space will rise within the next couple of years.
The City of Los Angeles has approved the construction of the mixed-use project – located adjacent to Downtown Culver City – that will also include 70 parking spaces on a basement level and a two-story podium, according to Urbanize LA.
The project sits near Sony Pictures and Culver City Station, as well as new and future office complexes tied to WarnerMedia and Apple.
The developer, Geneva Street Partners, was granted density bonus incentives permitting a larger structure in exchange for setting aside six of the new apartments as deed-restricted affordable housing for a period of 55 years, according to Urbanize LA.
HBA is designing the project, which will include a mix of studio, one-, and two-bedroom apartments, and amenities such as a central courtyard and rooftop decks. A rendering depicts the finished product as a contemporary podium-type building.
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