Construction has topped out for Cobalt, Greystar Real Estate Partners' latest mixed-use development in the Palms - Culver City area.

The seven-story building, located at 10601 Washington Boulevard, will consist of 135 studio, one- and two-bedroom apartments, 14,000 square feet of ground-floor commercial space, amenities and 294 parking spaces in an underground garage.  Greystar will set aside 11 units as affordable housing, as part of density bonus incentives for the project.

VTBS Architects designed the contemporary mid-rise structure, which is expected to open in 2018.

A similar project from Bastion Development is planned just up the street at Washington and Motor Avenue.

Image via Greystar Real Estate Partners

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LOS ANGELES, Calif. – Leading experts in urban development will offer ideas and opportunities at the 18th annual Urban Marketplace. The interactive conference and forum by ULI Los Angeles, a District Council of the Urban Land Institute (ULI), is Wednesday, March 28, 2018, 7:30 a.m.