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After a year of construction, the Periscope development is gradually taking shape in Silver Lake

The project, located on a hillside property along Riverside Drive, will feature eight freestanding buildings totaling 12 residential units. 

The three-story buildings, designed by Project M Plus, will provide a mix of single-family homes and duplexes.

Silverlake Homes, LLC is the owner and developer of Periscope, and M. Merrer Development is serving as its contractor, according to a project website.

Construction at Periscope. Image courtesy of Michael Hayes.
Rendering of Periscope. Rendering via Project M Plus.

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Mixed-Use Development Planned Near Laguna Niguel Metrolink Station

The project is part of the city's Gateway District.
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The Laguna Niguel Planning Commission has approved a mixed-use development near the city's Metrolink Station.  The joint venture between Blackwood Real Estate and Walbern, located near the intersection of Crown Valley Parkway and Forbes Road, will consist of 100 two- and three-bedroom apartments in a seven-story building.  Plans also call for 2,700 square feet of ground-floor retail space, as well as a pool courtyard, a fitness center, a private garden, and a sky deck.