Marina del Rey is no longer the sleepy unincorporated coastal gem people once knew. As new developments continue to take shape in the area. We strive to keep all of our buyers and sellers informed on what’s to come.
Here is what we know about the newest commercial developments that will sprout up in the next couple of years around Marina del Rey.
Developer Gold Coast West, LLC enlisted TCA Architects to design their A proposed project containing 172 apartments and 23,200 square feet of retail and restaurant space. The city has been given the green light by the Marina del Rey Design Control Board. The three mid-rise edifices would replace four single-story commercial buildings at the corner of Via Marina and Washington Boulevard.
Get ready for Paseo Marina. Sares-Regis group will develop and reuse the Marina Market place. Slated for a six-acre site at the southwest corner of Maxella and Glencoe Avenues, the proposed development calls for razing the existing parking and retail buildings to make way for the construction of three seven-story structures. At completion, the Paseo Marina development would consist of 658 apartments - of which 66 would be reserved for low-income households - with 27,300 square feet of shops and restaurants lining the first and second floors, and parking for over 1,200 vehicles on two basement levels and two podium levels.
With new growth taking hold of the area we believe the value in Marina del Rey’s home prices will continue to grow.
Search Marina del Rey’s homes on Silicon Beach Homes for the most updated listings in the Marina del Rey area.