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Market Rate SROs Get Go-ahead Under Settlement Agreement

07/02/2019 7:41 AM | Margaret Fulton (Administrator)

Six market-rate single room occupancy (SRO) developments slated for Downtown Santa Monica have received the go-ahead under a settlement agreement between the City and WS Communities.

The agreement, approved by the City Council on Tuesday, paves the way for the proposed SRO developments totaling 361 "micro-units" and moves forward two of the developer's projects currently in the planning pipeline, said City Attorney Lane Dilg.

Read More: http://surfsantamonica.com/ssm_site/the_lookout/news/News-2019/July-2019/07_01_2019_Market_Rate_SROs_Get_Go_ahead_Under_Settlement_Agreement%20.html

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