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Santa Monica’s New Transit-Oriented Housing | Real Estate News
Description
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.
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