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Development Plan for Downtown Santa Monica Spurring Housing, Report Says

04/23/2019 8:04 AM | Margaret Fulton (Administrator)

A total of 1,762 units have been proposed under the Downtown Community Plan (DCP) approved two years ago, which foresees 2,500 new multi-family units built through 2030, according to a status report from planning staff.

They are among the 2,586 residential units that are under construction, approved or making their way through the planning pipeline, according to the report sent to the City Council on March 22.

If completed, the proposed units would nearly double the 3,210 residential units Downtown officials say have already been built in the Central Business District, most of them constructed in the past two decades.

Read More: http://surfsantamonica.com/ssm_site/the_lookout/news/News-2019/April-2019/04_22_2019_Development_Plan_for_Downtown_Santa_Monica_Spurring_Housing_Report_%20Says.html

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