Last month, developer Holland Partner Group submitted an application to the city seeking approval to redevelop a site at 1633 26th Street. The proposed development, designed by AC Martin, calls for 370 apartments, 2,400 square feet of ground floor commercial space, and a two-level subterranean parking garage that would hold 527 spaces for cars.
Plans for the project would require the clearing of the existing three-story structure and surface parking lot at the site, part of an entertainment-heavy 26th and Colorado sector that also includes the adjacent Lionsgate Entertainment headquarters and Amazon Studios across the street.
The proposal would also utilize density bonus incentives via setting aside 37 apartments as a mix of moderate, low and very low income housing. The 370 apartments are a mix of studio, one-bedroom, two-bedroom and three-bedroom units.
Kilroy Realty is currently the owner of the project site, but authorized Holland Partner Group to pursue the redevelopment. Kilroy paused development of a 44,000 square foot office building at the site in 2022, along with development of a 600,000 square foot office and life science campus in San Diego, citing a struggle to lease projects and high construction costs. Kilroy acquired the San Diego and Santa Monica plots for $25.2 million in 2014.
The development would be another in the pipeline of Bergamot area projects, including recent submissions for a 33-story multifamily building at 3025 Olympic Blvd. and a 34-story mixed-use building on Nebraska Ave.
Submitted by boutique land use law firm Rand Paster Nelson on behalf of property owner Madison Realty Capital, two parcels of 3025 Olympic would combine for 797 units, 120 of those being affordable, along with 33,140 square feet of office space on one parcel and 340 parking spaces in total.
Two mixed-use endeavors submitted for 3030 N. Nebraska Ave by the law firm would combine for 795 residential units, 118 affordable, including a 34-story building at the location that would also house 5,921 square feet of retail space. If moved forward, the 34-story Nebraska projects would become the city’s tallest building at 365 feet.
thomas@smdp.com
