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Eight Mixed-Use Projects Will Add 500 Housing Units

SANTA MONICA, CA-The impending completion of the Expo Light Rail line and other industry factors lead to a flurry of mixed-use development activity for the city.

By Carrie Rossenfeld | Updated on May 25, 2012

(Save the date: RealShare Apartments comes to the Westin Bonaventure, Los Angeles, October 24.)

SANTA MONICA, CA-With at least eight mixed-use projects combining residential and retail either under construction or in planning stages, the city currently has approximately 500 units of housing in the pipeline. A major impetus for the development is the Expo Light Rail line, which is due for completion in 2015, but factors such as high downtown demand and easily available capital are also fanning the flames, according to Lee & Associates-L.A North/Ventura Inc.

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