Real Estate News Today | 2 Min News | The Daily News Now!
Kennedy Wilson is pushing forward with a bold new apartment project in Santa Monica, proposing an eight-story building with 133 units on Colorado Avenue—replacing a smaller commercial space. To exceed zoning limits, 15 units will be reserved for moderate to very low-income residents, with income thresholds ranging from $58K to nearly $140K for singles. Strategically located near the Metro E Line, this transit-oriented development taps into a growing trend that’s accelerating housing approvals across LA, thanks to supportive legislation and proven success since 2020. Designed by AC Martin, the modern complex will feature a rooftop deck, embodying the region’s evolving approach to building more, faster, and more inclusively. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/f1aeef91b3e9123b
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