Marina Del Rey luxury apartments planned
Friday, July 2nd, 2010
Photo credit: DesignARC
Merlone Geier Partners, GLJ Partners Announce New Sustainable Mixed Use Apartment Project
Project will be Eco-First for Coastal Community
LOS ANGELES – June 25, 2010 – Merlone Geier Partners (MGP), in partnership with GLJ Partners, announces a new $110 million mixed use housing project in Marina Del Rey, located at 13480 Maxella Ave. on the corner of Maxella and Lincoln Blvd. – the gateway to the Marina Del Rey and Venice neighborhoods.
The two planned modern mid-rises, consisting of 244 luxury apartment homes above 9,000 square feet of retail space and two levels of parking, will be the only residential project of this size in west Los Angeles that is projected to open in the next two years. In compliance with the City of Los Angeles’ affordable housing regulations, 24 of the units will be offered at below market rates.
Groundbreaking is planned for September 2010, with completion targeted for spring 2012. GLJ West Builders, the project’s general contractor, is soliciting bids at this time. (more…)
