Coastal Living Developers has submitted plans for a substantial new multi-family residential project at 4567 Lincoln Blvd in Venice, signaling continued growth in the highly sought-after coastal community. The proposed development features a 6-story building that will house 180 apartment units, offering a mix of housing options to address the area's persistent demand.
Designed to integrate with the vibrant Venice streetscape, the ground floor will include dedicated retail space, aiming to provide convenient amenities for residents and contribute to the local commercial ecosystem. The project also incorporates two levels of subterranean parking, a crucial element for managing vehicle density in the neighborhood. A strong emphasis has been placed on green spaces, with significant landscaping planned throughout the property.
In a nod to Venice's artistic heritage, the developers have committed to including public art installations as part of the project, aiming to enhance the aesthetic appeal and cultural fabric of the area. With an estimated value of $72 million, this filing represents a major investment in Venice's housing market, promising to bring new residents and economic activity to the Lincoln Boulevard corridor.
