LA Business Journal

L.A. RISING SANTA MONICA

— Hannah Madans Welk

The Community Corp. of Santa Monica, led by Tara Barauskas, has myriad projects under way in the area, including 2822 Santa Monica Blvd., rendering above. The organization, a nonprofit, currently has a portfolio of roughly 1,800 apartment units.

Santa Monica is in the midst of a development boom, with many developers working on projects in the area. Firms such as Cypress Equity Investments, LaTerra Development and Related Cos., as well as nonprofits like the Community Corp. of Santa Monica, are all looking to make additions to the coastal city. Most projects planned in the area include a housing component, with some retail and hotels on tap as well.

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2022-05-16T07:00:00.0000000Z

2022-05-16T07:00:00.0000000Z

https://labusinessjournal.pressreader.com/article/282054805629244

LABJ