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September 15, 2019
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LaTerra Development to Develop Two Res Projects in Santa Monica Totaling 99 Units

7/03/19

LaTerra Development has begun construction on the first of two apartment projects in Santa Monica, at the corner of Broadway Ave and Cloverfield Blvd. The second project, at the corner of Santa Monica Blvd and Yale St, is set to break ground in approximately 45 days.

Broadway & Cloverfield, located at 1450 Cloverfield Blvd and situated at the opposite corner to the Colorado Center office complex, will comprise two boutique apartment buildings totaling 49 units with five of these to be affordable, plus 8.5k sf of amenities and 10.7k sf of ground floor retail. Santa Monica & Yale, located at 2822 Santa Monica Blvd, will include 50 apartment homes with four affordable units plus 12k sf of amenities and 10.3k sf of retail in two three-story buildings.

Both projects are located in the heart of the Santa Monica media district and are within walking distance to millions of square feet of office space as well as to the Bergamot Station of the Expo Line. The architecture of the buildings will be a juxtaposition of sophisticated contemporary design with Southern California lifestyle elements.

Each project will offer thoughtful amenities including a health and wellness room, coworking nook, state of the art fitness center, meandering courtyards and expansive roof decks outfitted with soaking spas, lounge seating and BBQ grills for alfresco dining under the stars. Multiple bike racks, EV car charging stations, storage rooms and pet amenities will also be found at both locations.

“There aren’t many properties in Santa Monica that offer roof top decks and a robust amenity package, so we chose to differentiate ourselves by dedicating a substantial amount of common area spaces,” said Chris Tourtellotte, Managing Director of LA-based LaTerra Development. “We feel this is vital to enhance the resident experience and enable a strong community to flourish.”

Tighe Architecture designed both projects, using different color palettes and materials to give each building its own distinct personality. They will offer a blended mix of studios, 1x1, 2x2 and 3x2 apartment homes. These decisions were crafted carefully to appeal to Santa Monica’s wide resident demographic ranging from Silicon Beach professionals to entertainment industry creatives to hip entrepreneurs.






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