A Smaller Two-Story Structure Featuring Five Residences Is Also Proposed
Plans for a mixed-use development set to grace the corner of 26th Street and Wilshire Boulevard were unveiled for the Santa Monica Architectural Review Board, Urbanize LA reported.
The proposal, a brainchild of Mark Leevan Investment Co., is planned for 2600 Wilshire Boulevard which currently houses a New Balance store. The envisioned development encompasses a new four-story building featuring 40 apartments situated above 12,293 square feet of ground-floor commercial space, along with parking capacity for 101 vehicles. In addition, a smaller two-story structure featuring five residences is proposed for construction in the current parking lot situated across an alleyway at the property’s rear. The exterior is planned to incorporate a steel frame, complemented by composite wood infill panels on the upper floors and board-formed concrete panels on the lower levels, Urbanize reported.
Leevan has committed to allocate five of the new studio, one-, two-, and three-bedroom apartments as affordable housing for very low-income tenants.