A proposed mixed-use development at 2716 Ocean Park Boulevard could bring 456 new homes and ground-floor retail to a key corridor just north of the Santa Monica Airport, as the city’s housing pipeline continues to evolve.
Developer Trammell Crow Company is planning an eight-story building with 456 residential units and about 6,200 square feet of retail space facing Ocean Park Boulevard. The project would also include 668 parking spaces, with 46 of the units set aside as inclusionary affordable housing. Final approvals from the city will be needed for the increased height and density.
Before a formal application is submitted to the city, the developer is holding a virtual community meeting at 6 p.m. Thursday, Jan. 22. Interested members of the public must register online in advance to participate and hear details about the project and provide feedback. You can register for the event, here.
The proposal is one of several large developments underway or proposed in Santa Monica as the city works to meet housing goals set by the 2021-2029 Housing Element. State law requires Santa Monica to plan for nearly 8,900 new housing units, with roughly 6,100 of them affordable to lower- and moderate-income households.
In recent years, construction has begun on other housing projects, including a 78-unit affordable building at 1640 20th Street, with occupancy expected by mid-2027, and a major affordable housing development at 1318 4th Street, backed by nearly $50 million in state funding.
City planners and housing advocates have noted that while many projects have been approved, actual construction can lag due to broader market challenges including high interest rates, labor shortages, and rising material costs—issues that have slowed housing production locally and statewide.
The 2716 Ocean Park project would add to a growing, though still insufficient, pipeline aimed at expanding housing opportunities in Santa Monica, a city grappling with limited land, high costs, and ambitious state mandates.
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