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After years of delay, a $300 million high-rise building is rapidly climbing upwards in Century City.

Last summer, Miami-based developer Crescent Heights broke ground on 10000 Santa Monica Boulevard, a 40-story apartment tower straddling the border between the cities of Los Angeles and Beverly Hills.  The property, vacant for over ten years, will eventually yield 283 luxury apartments ranging from 1,500 to more than 3,000 square feet.  The series of one-, two-and-three-bedroom units will be supplemented by plush amenities including a tennis court and an outdoor swimming pool.

The project, designed by Handel Architects, is described as consisting of "four crystal-like quadrants," with "floor-to-ceiling [glass] that creates a luminous and transparent facade."  The 483-foot structure will also feature a sloping rooftop, establishing a unique presence amongst Century City's ubiquitously modern skyline.

Construction of the 10000 Santa Monica Boulevard has progressed to the 10th floor above ground, with completion expected in 2016.  The tower is one of numerous large developments underway on surrounding blocks, including the upcoming expansion of the Westfield Century City shopping complex and the new Waldorf Astoria Beverly Hills.

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Senior Affordable Housing Opens Near Orange County's Great Park

The two-building development features 157 apartments.
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Developers Related California and FivePoint have opened a new affordable housing complex near Irvine's Great Park.  The project, called Luxaira, features 157 residential units catering to low-income seniors.  It is the second senior affordable development to be built in the Great Park neighborhoods by Related, FivePoint, and collaborator RCC Charitage.  To date, more than 500 affordable housing units have been built around the park in four separate projects.