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Council to Vote on Downtown Affordable Housing Development

09/11/2023 8:52 AM | Margaret Fulton (Administrator)

The Project Calls for 570 Housing Units

The Santa Monica City Council is set to vote on authorizing a downtown development at the block bounded by Olympic and Colorado and 4th and 5th Streets.

The project, in agreement with California-based AMCAL Multi-Housing, Inc. and Texas-based Gen-Land LLC, calls for approximately 570 housing units. AMCAL also proposed to acquire the adjacent 27,176 square foot office/commercial building at 1640 5th Street, known as the “Comma Building”, from Lincoln Properties, for more housing units. Because the proposal relies on the Comma Building sale, a tri-party agreement between the City, AMCAL and Lincoln properties is required.

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