Developer Betting on Ambitious Apartment Construction Plans in Difficult-To-Build California City

Properties at 1925 Broadway in Santa Monica, California, have sold to a developer with mixed-use plans. The city of Santa Monica long has been unfriendly to new housing development despite being one of the most desirable places to live in Los Angeles County. (CoStar)
WS Communities Buys Land in Santa Monica Ahead of Multifamily Development
Source: Costar News