A$35 million apartment complex in downtown Santa Monica will open this weekend.
Two 48-unit apartment buildings will open in downtown Santa Monica on Sunday, the eighth and ninth projects developed by JSM Construction, Inc. on Sixth and Seventh Streets.
“We believe this new development further demonstrates that the residential shortage in Santa Monica can be solved with multi-family housing that transforms lackluster street downtown streets into an attractive environment,” said Craig D. Jones, JSM president.
The buildings, “Livorno” and “Verona,” are the latest additions to the “Santa Monica Collection,” a portfolio of 430 apartment units built and developed by JSM in Santa Monica between Wilshire Boulevard and Colorado Avenue on Sixth and Seventh streets. Other completed buildings are the “Venezia,” “Anacapa,” “Amalfi,” “Capri” and “Ravello.” The firm’s ninth downtown building is under construction on Sixth Street.
Designed by Santa Monica-based Killefer Flammang Architects, the new buildings have balconies, bay windows, decorative planters and treillage.
The rent price reflects the current Santa Monica climate. Rents start at $2,195 for one-bedroom units and $2,395 for two-bedroom apartments.
JSM is also building a new affordable housing project on the same block, the “Streza,” which will be the ninth affordable housing project the firm has built in the city. It is planned for completion next summer.
Originally published in the Santa Monica Daily Press print edition on December 4, 2003. Read the original PDF.