|The final phase has been completed at G8, the largest multifamily/commercial development in Marina del Rey’s Marina Arts District. The $120 mil project – a development of California Landmark Group (CLG) -- includes 228 rental units and 25k sf of creative office space.
CLG was a forerunner in the transformation of the Marina Arts District, a former industrial zone, into a modern residential neighborhood, when it developed a 52-unit condominium in 2006. With G8, CLG is the neighborhood’s most prolific developer, having delivered nine mixed-use projects totaling nearly 1 msf of residential and commercial space.
Paying homage to the area’s history as an industrial and artist’s enclave, CLG commissioned local, national and internationally renowned street artists to create colorful interactive art throughout the neighborhood. Featured artists include Risk, Colette Miller, Oli-B, Bunnie Reiss, Ducexone, Wrapped, James Goldcrown, Beau Stanton and Damon Martin. Future exhibits will include a 350-foot-long freewall available to local artists.
“Our goal is to enhance community identity and provide a sense of place,” said CLG founder Ken Kahan. “Street art is the beginning of that identification. Once the pandemic is behind us our public park and freewall at G8 will attract local residents to listen to lectures, concerts and simply enjoy our rotating art exhibit. We hope to attract other artists to other buildings in the community, with the long-term goal of creating a Westside street art district.”
“G8 and the other CLG projects in the Marina Arts District (including R1, R2, R3, C1, Del Rey Lofts, West End Condos, the Boatyard and the Container Lot) were designed to meet the demands of millennials and young professionals attracted to the lifestyle amenities and numerous employers that have made the Westside beach communities one of the most in-demand rental markets in Los Angeles and in the country,” Kahan said.
G8 is situated close to the work and tech/entertainment hubs of Santa Monica, Culver City and Playa Vista, which count Facebook, Google, Amazon Studios and Snap among the pool of major employers. It is less than five blocks from Marina Del Rey, the beach, the coastal bike path, shopping, restaurants, art galleries and more. Venice Beach’s trendy Abbot Kinney Boulevard and Santa Monica’s Main Street are both minutes away.
G8, the length of a city block, with frontage along Beach Ave between Glencoe and Del Rey Avenues, features a mix of single, one-, two- and three-bedroom units ranging in size from 550 sf to 1.5k sf 23 units are earmarked for affordable tenants. It also includes 68 co-living suites.
The amenity-rich development features 18k sf of exterior common areas, including a public pocket park, swimming pool, spas, and an 8k sf rooftop deck with outdoor grills and lounge seating. G8 contains more than 10k sf of shared indoor workspaces, a private movie theater, game room, fitness center and a yoga / stretching studio. The development also includes street level creative office space, designed as a colorful arrangement of cargo shipping containers that serves as the northern gateway to the Marina Arts District.
“As a result of G8’s terrific location, finish level, amenities, pocket park and street art, it is now more than 80% leased and is on target to be fully leased before the end of the year, said Kahan.
Nearly half of G8’s new residents are from outside Southern California, including a large percentage from the East Coast.