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PLAYA DEL REY, CA-Private developer Cove Spring Partners LP will soon break ground on the Strand Offices at Playa del Rey, Kim Macy, managing partner for Cove Spring, tells GlobeSt.com. The two-building, three-story, 10,000-square-foot compound will be the first office project to be built in this city in 20 years due to the difficult permitting process.
Total construction costs, including land, will be roughly $6 million for the speculative project, Macy continues. Construction on the project is expected to be completed in Spring 2013.
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