Advertisement

Nearly three years after breaking ground at the intersection of Olympic Boulevard and Broadway, developer G.H. Palmer Associates is nearing the finish line on a two-building mixed-use complex.

Broadway Palace, designed by Oakes Architects, will feature nearly 680 apartments and over 50,000 square feet of ground-floor commercial space on opposite sides of Olympic commercial space when completed.  A first phase of the development - a six-story building on the south side of the street - began move-ins earlier this year.

The second phase of the project, located on the north side of the intersection, is highlighted by a 10-story building directly across the street from the popular Ace Hotel, and a connected six-story structure that fronts Main Street.

Palmer, best known for his Italian Renaissance-inspired developments that flank the Harbor Freeway, has departed from this model with his first project in Downtown's core.  Broadway Palace features a facade of brick veneer, mimicing the appearance of nearby historic structures.

From the Web

Mixed-Use Development Planned Near Laguna Niguel Metrolink Station

The project is part of the city's Gateway District.
bar

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.