Madison Realty Capital has disclosed plans to build the tallest building in Santa Monica.

The 264-unit apartment tower planned for Colorado and 6th Street will be 260 feet tall, which is three times the height of the most famous landmark at the Santa Monica Pier, the Ferris wheel, and taller than the 21-story tower at 100 Wilshire that has been the tallest in the city since the 1970s, according to a report in the Santa Monica Daily Press.

NYC-based Madison acquired the site at 601 Colorado as one of 20 properties it acquired from WS Communities.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.