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California Landmark Group has cleared a 2.3-acre property in Del Rey, the first step towards the construction of a new mixed-use complex.

The T-shaped property, located at 4040 Del Rey Avenue, will consist of a six-story building featuring 230 residential units, in addition to commercial office space, retail and a parking garge.  The project was approved with density bonus incentives, in exchange for setting aside units as affordable housing.

PK Architecture is designing the mid-rise complex, which will feature an exterior of wood, aluminum panels, glass and stucco.

An initial study published by the City of Los Angelse in 2016 pointed to a 28-month construction timeline for the project, placing its completion date at some point in early 2020.

CLG recently completed the R3 apartments one block east, and are halfway through construction on the D1 one block south.

Image via CLG
Image via CLG

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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.