SANTA MONICA, CALIF. — Related California is redeveloping a former Vons grocery store site into a mixed-use project in Santa Monica. The project, called 710 Broadway, will include 280 residential units, 84 of which will be reserved for residents earning at or below 30, 50 and 80 percent of the area median income (AMI).
The developer did not release the project cost, but Related California recently obtained $385 million in construction financing, according to the Los Angeles Business Journal.
The project will also include approximately 99,000 square feet of ground-floor commercial space — including a new 53,500-square-foot Vons grocery store to replace the original — and 354 parking spaces in a two-level, underground garage. The development team also includes the property owner, Albertsons Cos. Related California was selected by Albertsons through a competitive bidding process to redevelop the site. The project’s estimated completion date is early 2026.