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Commercial Real Estate | IN BRIEF

Construction Underway on Santa Monica Units

June 11, 2002|A Times staff writer

Construction is underway on two apartment buildings of a three-building complex with 122 units being developed in downtown Santa Monica by JSM Construction.

Located on 6th Street between Colorado Avenue and Broadway, the two buildings will each include 48 one- and two-bedroom apartments to be rented at market rates. A third building, still in the approval phase, will have 26 units, said Wade Killefer of Killefer Flammang Architects.

The five-story Mediterranean-style buildings will include landscaped courtyards when completed next spring.

Hanover Financial Co. provided financing.

JSM Construction of Santa Monica opened the 48-unit Sorrento apartments at Santa Monica Boulevard and 7th Street in Santa Monica last month.

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