Los Angeles-based real estate developer AMLI Residential has broken ground on a new multi-family complex along the Marina Del Rey waterfront.
The $165 million development, dubbed AMLI MDR, will rise from an L-shaped site at the intersection of Via Marina and Panay Way. Plans filed with Los Angeles County call for a series of low-rise structures which would feature a cumulative 585 residential units and a small retail component along the property's western perimeter. Future residents will have access to a slew of communal amenities, including outdoor swimming pools, fire places and barbeque pits.
The buildings were designed by TCA Architects with large corner windows and exposed rafters to mimic the appearance of boathouses. Exterior materials will include fiber cement paneling, wood screens, plaster and stone. Additionally, a series of wide, pedestrian friendly green spaces would cut through the property, preserving views of the waterfront and encouraging foot traffic.
Completion of AMLI-MDR is expected to occur in 2017.
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