Hankey Capital LLC Files Development Proposals in Santa Monica
Hankey Capital LLC has filed two development proposals with the Santa Monica City Council for sites on 7th Street.
First Proposal: 1518–1524 7th Street
One proposal would replace the existing ten-unit building at 1518–1524 7th Street with a higher-rise residential tower. That plan calls for 104 market-rate apartments and 20 units designated as affordable housing. Ottinger Architects is listed as the designer for this project.
Second Proposal: 1238 7th Street
The second proposal covers the lot at 1238 7th Street. It envisions a four-story building containing 23 affordable units, also designed by Ottinger Architects.
Public Input and Community Meeting
The city will collect public input on both proposals during a virtual community meeting on Zoom scheduled for September 11 from 6 p.m. to 7:30 p.m.
Interested residents may reserve a speaking slot and find further project details on the developer’s website: https://www.7thstsantamonicaprojects.com.