Woo Hoo! Santa Monica’s recently developed Ocean Avenue South has been honored as a 2016 ULI Global Award for Excellence winner. The residential mixed-use, mixed-income development was one of 11 real estate development projects from around the globe. The ULI 2016 Global Awards for Excellence is one of the land use industry’s most prestigious awards and a timely reminder of the key difference that responsible land use can make in terms of community longevity and sustainability.
“We are proud that Ocean Avenue South, with more than half of its homes affordable to low- and moderate-income families, is the only Los Angeles-area property to receive the prestigious global award,” offered Andy Agle, Director of Santa Monica’s Housing and Economic Development Department. “Through the public-private partnership with Related California and Community Corporation of Santa Monica, 160 families have a place to call home that is affordable and part of a beautiful and vibrant project.”
Located just south of the Pier, and blocks from the Pacific Ocean, the LEED Silver Ocean Avenue South is a key component to both the revitalization of the Civic Center neighborhood, and the City Council’s strategic goal of maintaining an inclusive and diverse community.
“The ULI Global Award is a tremendous honor. We are grateful and thankful to the City of Santa Monica for granting us the opportunity to work with them on this redevelopment effort,” said Bill Witte, Related California Chief Executive Officer. “We believe that our partnership is a workable model for other municipalities to provide both needed affordable housing and a vital economic stimulus for the neighborhood.”
2016 Global Awards for Excellence winners include:
- The Boucicaut Eco-Neighborhood, Paris, Île-de-France, France
- Celadon at 9th & Broadway, San Diego, California, United States
- Daniels Spectrum, Toronto, Ontario, Canada
- The Edge, Amsterdam, North Holland, The Netherlands
- Hong Kong East Community Green Space, Hong Kong, China
- Les Docks Village, Marseille, Bouches du Rhone, France
- Ocean Avenue South, Santa Monica, California, United States
- Ponce City Market, Atlanta, Georgia, United States
- The Strand, San Francisco, California, United States
- Tobin Center for the Performing Arts, San Antonio, Texas, United States
- Wynwood Walls, Miami, Florida, United States
“The Global Awards for Excellence showcase efforts that have both succeeded in pushing ingenuity and exemplifying best practices in land use across the globe,” praises Patrick L. Phillips, ULI global chief executive officer. “This year’s winners have demonstrated a committed contribution to responsible real estate development and a dedication to building thriving, livable communities.”
The awards competition, now in its 38th year, recognizes real estate developments that achieve a high standard of excellence in design, construction, economics, planning, and management. The Awards for Excellence program is based on the Institute’s guiding principle that the achievement of excellence in land use practice should be recognized and rewarded. ULI’s Global Awards for Excellence recognize the full development process of a project, not just its architecture or design. The criteria for the awards include leadership, contribution to the community, innovations, public/private partnerships, environmental protection and enhancement, response to societal needs, and financial viability.