Advertisement

Just one month after acquiring the project, a joint venture between Legacy Partners, Griffin Capital and Silverpeak Real Estate Partners has announced the start of construction for MODA, a multifamily residential complex near the Gold Line's Monrovia Station.

The five-story development, designed by Architects Orange, will feature 261 residential units, in addition to communal amenities such as a clubhouse, two landscaped courtyards, a roof terrace and a fitness center.

MODA is among the first projects in a new transit-oriented district surrounding the Gold Line station, which connects passengers to Pasadena and Downtown Los Angeles.

Completion is expected by early 2018.

From the Web

Mixed-Use Development Planned for Playa del Rey Faces Appeal

Plans call for a four-story building featuring apartments over retail.
bar

A controversial proposal to construct a residential-retail development in Playa del Rey received sign-offs from the City of Los Angeles earlier this year, but now faces an appeal to the L.A. City Planning Commission.

Legado Del Mar, a project of the Beverly Hills-based Legado Companies, would bring a low-rise apartment complex to a currently vacant property at 138 E.