March 4, 2021 #1 Local News, Forum, Information and Event Source for Venice Beach, California.

$120M Mixed-Use Project in Marina del Rey Completed

By Toi Creel

The G8 development is officially done. The California Landmark Group recently completed the $120 million mixed-use project which will contain rental units as well as office space.

The building is located less than five blocks from the beach at 4040 Del Rey Avenue near the intersection of Washington and Lincoln boulevards. It’s also near Culver City located just steps away from the City’s western border and also east of Venice.

Overall, the property has 228 rental units and 25,000 square feet of creative office space. 21 of the units will be set aside for low-income and affordable housing and 68 of the units will be used as co-living spaces.

The apartments will range in space from 550 to 1,500 square feet. There will also be a combination of single, one-, two- and three-bedroom units.

The three acre property was acquired by CLG back in 2018 at the price of $5.1 million according to records. Even though the building has just been completed, according to CLG founder Ken Kahan, it’s already 80% leased.

In addition to the living space, amenities will include a private theater room, game facility, fitness center, yoga studio and rooftop deck all designed by RIOS and PK Architecture.

Related Posts

LA Unified Increasing Vaccinations as it Negotiates With Teachers Union

March 2, 2021

March 2, 2021

Over 40,000 vaccines allotted to LAUSD as teachers union calls for slower return By Sam Catanzaro Los Angeles school officials...

Puppy Stolen at Gunpoint Near Venice Beach Boardwalk

March 1, 2021

March 1, 2021

Shepherd puppy stolen over weekend in Venice A $1,000 reward is being offered for information leading to the safe return...

First Baptist Church Of Venice Receives A Black Lives Matter Street Mural: YO! Venice Show – March, 1, 2021

March 1, 2021

March 1, 2021

Local news and culture in under 5 minutes. * Amazon Prime Show ‘Bosch’ Hosting Stakeout Event * First Baptist Church...

‘Safe Camping’ at the VA is Open To All Homeless Veterans

February 26, 2021

February 26, 2021

The “safe camping” program is geared toward getting homeless Veterans off the streets and provides a way to transition from...

Video: Closing Down Westside Oil Field?

February 26, 2021

February 26, 2021

Officials are discussing closing a Westside oil field sitting on hundreds of acres of prime coastal land. Learn more in...

Edify TV: Greek Street Food Anyone?

February 25, 2021

February 25, 2021

A souvlaki and gyro house serving up authentic Greek street food is eyeing a second Westside location. Learn more in...

Video: Closing Streets to Allow for More Outdoor Dining?

February 25, 2021

February 25, 2021

A drunk driver recently crashed into a Santa Monica outdoor dining area, bringing attention to a proposal that would close...

Venice Family Clinic Merges With Local Community Health Center

February 23, 2021

February 23, 2021

Local community health centers Venice Family Clinic and South Bay Family Health Care to merge later this year By Kerry...

Lifeguards Make Over 70 Rescues During Weekend

February 22, 2021

February 22, 2021

Wind swells, inshore holes, warm weather result in buys weekend for lifeguards Summer-esque weather combined with a combination of hazardous...

Sneakers and Stuff Cancels in Store Launch of New Nike: YO! Venice Show – February, 22, 2021

February 22, 2021

February 22, 2021

Local news and culture in under 5 minutes. * Sneakers and Stuff Cancels in Store Launch of New Nike *...

Edify TV: Metro Paying Homage to Historical Black Architect

February 21, 2021

February 21, 2021

The Metro Purple Line Extension is paying homage to a historical black architect known for his works across the Westside....

Housing Backers Start Facing Post-Pandemic Reality

February 21, 2021

February 21, 2021

By Tom Elias, Columnist The mysterious blindness that apparently affected California’s top legislative housing advocates all through 2020 seems to...

Venice Hotel to Homeless Shelter Sparks Debate

February 18, 2021

February 18, 2021

The city and Project Home Key are working together to turn the Ramada Inn on Washington Blvd in Venice into...

Asian Woman Verbally Assaulted in Racially Motivated Attack

February 18, 2021

February 18, 2021

While walking near the intersection of Bundy and Montana an Asian woman was verbally assaulted by a man walking his...

Suspect in Police Chase Runs Across the Marina Freeway

February 18, 2021

February 18, 2021

Police chase weaves across Westside Tuesday. By Toi Creel A police chase that began in Ladera Heights weaved all across...