February 10, 2025 #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

Burned Palisades Lot Sells for Nearly $1M: REPORT

February 10, 2025

February 10, 2025

Aerial images show the property was among several homes in the neighborhood destroyed by the fire A vacant lot in...

Venice Shorts: MODA to Close This Month

February 10, 2025

February 10, 2025

50% Off On All Items By Nick Antonicello  MODA, the popular gift and apparel retailer located at 38 Washington Blvd....

Venice Beach Church Goes on Market for $9.75M

February 10, 2025

February 10, 2025

The property also includes seven bathrooms, one of which has a shower, and is equipped with security cameras A 0.34-acre...

What about are you protected from future wildfires?

February 9, 2025

February 9, 2025

Our hearts go out to all those impacted by the recent wildfires and Santa Ana windstorms in Southern California. We...

Shore Hotel Remains Sustainability Leader

February 9, 2025

February 9, 2025

By Susan Payne On track to open its new coastal-inspired restaurant, Shore Hotel has excited new offerings and initiatives this...

Student Protest Over Immigration Policies Leads to Walkouts Across the Westside

February 7, 2025

February 7, 2025

Walkout Turns Tense as Counter-Protester Confronts Teen in Video From Venice Students from Santa Monica High School (SAMOHI), Culver City...

(Photos) Kamala Harris Visits Destruction of Palisades Fire

February 6, 2025

February 6, 2025

Harris spoke with first responders, service providers, and evacuees about recovery efforts and resources Former Vice President Kamala Harris joined...

10-Year-Old Palisades Girl Wins Martial Arts Medals Weeks After Losing Home to Fire

February 6, 2025

February 6, 2025

Savoian, a green belt in Yoshukai karate, trained at Gerry Blanck’s Martial Arts Center in Pacific Palisades Just weeks after...

Open Arms Art Show Runs Through Mar. 22 in Burbank

February 6, 2025

February 6, 2025

Opening Exhibition Saturday Feb. 8 from 12 to 8p.m. More than an art show, the Open Arms Exhibition is an...

Quiet Luxury: What’s Inside the New Regent Boutique and Sweet July

February 6, 2025

February 6, 2025

The Regent Santa Monica Beach, known for its perfect Santa Monica getaways, or local dining at its Mediterranean-based restaurant Orla...

THIS WEEKEND: Fire Fundraiser Block Party Coming to Washington Square

February 6, 2025

February 6, 2025

Reggae performances, comedy acts and more to be featured Nalu Vida will host a community block party on Feb. 8...

Venice Shorts: White Bus Somehow Endures on Fourth

February 6, 2025

February 6, 2025

The vehicle might’ve been parked in Venice for at least two years By Nick Antonicello For whatever reason, the above-mentioned...

Will Rogers State Beach to Become Temporary Hazardous Waste Site

February 5, 2025

February 5, 2025

The site, located on flat, open land near the burn zone, will serve as a staging area where materials will...

SaMoHi Science Teacher Arrested for Alleged Student Relationship

February 5, 2025

February 5, 2025

Ingo Gaida Faces Misdemeanor Charges After Investigation into Inappropriate Conduct A Santa Monica High School science teacher was arrested Wednesday,...

Dead Body Found on Sands of Venice Beach, Investigation Underway

February 5, 2025

February 5, 2025

A death investigation is underway By Zach Armstrong A death investigation is underway after local officials discovered a dead body...