California Landmark Group and Cayton Capital have announced the completion of R3, a $30-million loft-style development in the Marina del Rey Arts District.

Located at 4091 Redwood Avenue, the five-story building feature 67 apartments and more than 5,000 square feet of office space.  Approximately 35% of its units are now leased, with the remainder expected to be rented out by Summer 2017.

The R3 lofts include a mixture of one- and two-bedroom floor plans, ranging between 685 square feet and 1,655 square feet in size.  The interiors feature high ceilings, exposed ductwork, stainless steel appliances and walk-in closets.  All residents will have access to amenities including a rooftop poool, a fitness center and a yoga garden.

PK Architecture designed the podium-type building.

California Landmark Group has recently broke ground on a similar development on Del Rey Avenue, and is planning another mixed-use building one block away.

Image courtesy of California Landmark Group

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LOHA-Designed Houses Coming to Franklin Village

Five small lot homes to rise north of the 101 Freeway.

Work is getting underway for a new set of small lot houses near Franklin Village in Hollywood, according to a representative of developer ROM Investments.

The project, located at 1826 Canyon Drive, will consist of five single-family residences, each featuring two bedrooms, 2.5-bathrooms, rooftop decks, and two-car garages.