(Save the date: RealShare Apartments comes to the Westin Bonaventure, Los Angeles, October 24.)
MARINA DEL REY, CA-Construction has started on a $120-million multifamily project here at 4201 Via Marina in Marina del Rey, CA. The County of Los Angeles, which owns and manages Marina del Rey, along with owner and developer Jerry Epstein of Del Rey Shores, LLC, “envisioned the need for renovation and redevelopment to meet the demand for new, quality, higher-density, contemporary apartment living near the ocean,” according to a prepared statement.
The 12-building complex called Shores, designed by Nadel Architects, is scheduled to open in spring 2013. Located on an eight-plus acre site, the 12 inter-connected, five-story buildings will offer 544 units, with one-bedroom and two-bedroom options, ranging in size and floor plan from 650 square feet to 1,245 square feet. At the heart of the complex lays a two-acre park-like courtyard with lush greenery, open space and outdoor amenities, such as fire pits, BBQs and a pool and spa.
“In dealing with high-density projects such as Shores, we know it is important to include design elements that will not only accommodate the large number of residents, such as private subterranean parking, but also to provide opportunities for chance social interactions,” says Yonkin, in a prepared release. “The range of outdoor spaces, plus the club, social room, gym, etc. will leverage the resident’s interaction…It is this attention to detail that makes Shores such a unique, near-the-water living experience.”
The inception of the plan for the project dates back to January 2001. Vice president of Del Rey Shores, David O. Levine explains in a prepared statement that plans went through a “lengthy entitlement and design approval process, and then through the arduous HUD review, and finally to realization in today’s challenging construction environment.”
In addition to Yonkin, the Nadel project team includes Don Dildine, project manager; and Afsaneh Riahi and John Yang, designers. Queries regarding further project information including prospective tenants, rents and more were not answered by deadline.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
