Non-profit developer EAH Housing, Inc. is planning a new senior affordable apartment building in Santa Monica, according to an announcement distributed this week by the City of Santa Monica's Housing Division.
The project, called Magnolia Villas, would rise from a roughly .31-acre property at 1445-1453 10th Street. Plans call for a four-story structure which would feature 40 one-bedroom dwellings as well as a community garden, on-site laundry facilities, and a courtyard.
A project page from the EAH website indicates that Santa Monica-based DE Architects is designing the proposed development.
EAH announced its purchase of the Magnolia Villas site in September, paying $5.25 million for that lot. The City of Santa Monica is providing a $6.58-million loan to cover both acquisition and predevelopment costs, including demolition.
Magnolia Villas is expected to begin in December 2019, with completion anticipated by February 2020.
The proposed development will be discussed at a community meeting on Wednesday, November 14 at the Ken Edwards Center (1527 4th Street) in Santa Monica.
EAH Housing, which is based out of San Rafael, is also planning a 50-unit affordable development at the corner of 76th Street and Vermont Avenue in South Los Angeles.
- Santa Monica Archive (Urbanize LA)