Venice Beach Boardwalk parking lot poised to become mixed-use project

A parking lot along the Venice Beach Boardwalk is slated for transformation into a mixed-use residential development.  An affiliate with Mission Investors Corporation of Ventura submitted an application to the Los Angeles Department of City Planning for a new four-story building at 601 South Ocean Front Walk, Urbanize Los Angeles reported.  The entity, which owns the site, is looking to build 30 studio and two-bedroom apartments with 9,000 square feet of ground-floor commercial space and parking for 46 vehicles. The developer is looking to secure approvals for density bonus incentives, which would allow the construction of a larger building that […]This article originally appeared on The Real Deal. Click here to read the full story.