Belmar Opens Fully Occupied

What project can rival the Ninja Turtles in strong openings? Belmar Apartments, a 160-unit affordable project developed by Related California as part of its $350M Ocean Avenue South mixed-use, mixed-income condo/apartment village in Santa Monica. LEED Gold-certified, it's 100% occupied with a waiting list, according to KTGY Group principal Chris Texter. His firm served as the architect of record, working with concept design architects Koning Eizenberg. The six-story complex features ground-floor live/work studios with roll-up tempered glass doors, allowing resident artists to display their work. One- to three-bedroom units plus additional studios round out the project. Belmar was developed in partnership with the City of Santa Monica and Community Corporation of Santa Monica.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Los Angeles Newsletters
Related Stories

Rexford Sells Fullerton Industrial Building For $50.2M: The Los Angeles Deal Sheet

What's At Stake For CRE In Tuesday's U.S. Midterm

Housing Completions Close To 40,000 As LDA Adds Major Site And CEO Departs

Voorhees Greenlights 178-Unit Office-To-Resi Conversion Amid Multifamily Boom

Battered Mortgage REIT Suspends Dividend To Preserve Cash

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Tyko Capital Sets New Record For Florida's Largest Construction Loan

Hof Wonen Acquires 251 Social Rental Houses In New Mixed-Use Project In The Hague

Foundry Robotics Leaves San Francisco For New East Bay HQ

Capital Flooded Into Bay Area Apartments. Then Treasury Yields Spiked

The New Challenge For Apartment Managers: Proving Listing Photos Are Real

Tenant Rep Firm Expands To Philly, Hires Industry Veteran