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Apartments break ground at historic Santa Monica social hall — plus 4 more L.A. CRE deals to know

L.A. Business First

August 30, 2022 – The Laurel, a 58-unit apartment community for people experiencing homelessness, has broken ground in Santa Monica, California.

The project is at 1413 Michigan Ave. at the site of the historic Nikkei Hall, according to nonprofit housing developer EAH Housing.

The four-story building, designed by architecture firm KFA, will comprise 57 studio apartments, reserved for individuals earning between 30% and 50% of area median income, as well as a manager’s unit. The building also features laundry facilities on each floor, a common area deck on the third and fourth floors, 12 parking spaces and 800 square feet of community space for residents.

Nikkei Hall, a social hall built in 1957 by and for the local Japanese American community that has been vacant for several years, is being restored and incorporated into the project, and will serve as the community use space. The building’s original windows, entry porch and woodwork will be preserved, along with the restoration of a Japanese garden.

The People’s Concern, an L.A. County provider of social services for people experiencing homelessness and domestic violence, will provide supportive services at the property.

The project, projected to cost $37.3 million, is scheduled for completion in late 2023.

Read more HERE.