Related California is pleased to announce the first three high-profile dining establishments planned for Ocean Avenue South, its new luxury residential development in Santa Monica one block from the Pacific Ocean. The three dining concepts include the beloved Los Angeles institution Joan’s On Third, Hakkasan Group’s Searsucker and a Starbucks Evenings concept. Ocean Avenue South comprises two luxury residential buildings, The Waverly and The Seychelle, and 20,000 square feet of commercial space.
Today’s announcement coincides with the first owners taking residence at The Waverly and the commencement of sales at The Seychelle. The addition of the three dining concepts will further enliven the vibrant new neighborhood south of the Santa Monica Pier, which Related has transformed into the most desirable residential district in Santa Monica. The plaza level of The Waverly, Related’s luxury condominium building overlooking the Pacific Ocean and Santa Monica’s new Tongva Park, will welcome Joan’s on Third and Starbucks, while The Seychelle will host Searsucker’s first location in Los Angeles. This array of dining options will offer residents of Ocean Avenue South a destination restaurant, a gourmet marketplace and a premium coffee shop just steps from their home, complementing the array of shopping and entertainment within walking distance in surrounding Santa Monica.
"We are thrilled to announce our first retail partners to join the Ocean Avenue South community,” said Gino Canori, executive vice president of Related California. “Each partner will bring its own unique offerings, from a sophisticated sit-down dining experience and a gourmet marketplace and delicatessen to a premium neighborhood coffee house."
Originally opened in 1998 as a catering company on Third Street in Los Angeles, Joan’s on Third blossomed into a Los Angeles culinary landmark. Family-owned and operated, the company offers an extensive gourmet marketplace, delicatessen and full-service catering and event planning company. The Santa Monica location is slated to open in late 2014.
"We couldn’t be more excited to join the Ocean Avenue South neighborhood later this year," said Joan McNamara, founder of Joan’s on Third. "We love our customers and always welcome them with delicious food and excellent service in a warm atmosphere. Ocean Avenue offers the attention to detail and quality that we provide our guests every day."
Hakkasan Group is pleased to introduce Angelenos to the Searsucker concept, which is known for its adventurous spin on New American classics. With locations in Austin, San Diego and Del Mar, Calif., Searsucker’s Santa Monica location will feature a menu of unique twists on classic home-style dishes, paired with a lively ambience that will encourage guests to stay long after their meal is enjoyed.
"Ocean Avenue South is elevating the Santa Monica lifestyle,” said James Brennan, Searsucker partner. “Today, Santa Monica is seeing so many exciting design, real estate and tech developments, creating a playground for both the business professional and creative dreamer. I see the opening of Searsucker as an extension of this blueprint and look forward to making our guests feel right at home in this idyllic location."
As the quintessential neighborhood coffee shop, Starbucks will bring its premium coffeehouse experience to The Waverly with its new "Evenings" concept serving its Starbucks Reserve coffee and, after 4 p.m., wine, beer and small plates.
"This is an exciting time to be at Ocean Avenue South with our first residents moving into The Waverly and sales underway at The Seychelle," said Canori. "Having a variety of high-caliber dining options in this spectacular location just steps from the beach is a game-changer for Santa Monica and just one of the many amenities that will make living at Ocean Avenue South so desirable."
Ocean Avenue South’s two luxury residential buildings—The Waverly, which welcomed its first residents in early-June 2014, and The Seychelle, where sales are now underway—together command a 3.7-acre site along Ocean Avenue, just one block from the Pacific Ocean. The property is bordered on the south by the chic boutique hotel, Viceroy Santa Monica, and to the north by the new 6-acre Tongva Park. This newly reinvigorated neighborhood offers residents the best of the Southern California beach lifestyle and access to Santa Monica’s celebrated array of beachfront entertainment options, ranging from the famed Santa Monica Pier, trendy boutiques and cafés on Main Street and Abbot Kinney to Santa Monica Place and the Third Street Promenade shopping.
For more information about Ocean Avenue South, visit www.oceanavenuesouth.com or call (310) 394-1100. The Sales Gallery is located at 1733 Ocean Avenue, Suite 150, Santa Monica, CA 90401.
About Related California:
Related California (www.relatedcalifornia.com) is a fully integrated real estate firm that develops affordable and market rate multifamily and mixed-use residential properties in California. Since opening the west coast headquarters in 1989, the company has completed nearly 9000 residential homes throughout California. Related has partnered with over 20 municipalities in Northern California (San Francisco, Oakland, Richmond, San Jose) and Southern California (Los Angeles City, Los Angeles County, Orange County, San Bernardino County, San Diego City and San Diego County). The Related California portfolio includes more than $2.5 billion in developments.
Related Companies is the most prominent privately-owned real estate firm in the United States with an existing portfolio of real estate assets valued at over $15 billion. Formed 40 years ago, Related is the nation’s preeminent developer of luxury residential properties having pioneered the concept of commissioning celebrated architects to design residential properties by selecting Robert A.M. Stern to plan his firm’s first luxury condominium, The Chatham. In the development of Time Warner Center, Related combined super-luxury residences, the Mandarin Oriental hotel and residences, Jazz at Lincoln Center, stylish retail and the city’s finest collection of four-star restaurants, redefining sophisticated metropolitan living in New York and trademarking the term “Five Star Living.” Related also owns Equinox(R) Fitness Clubs, further enhancing the value of its properties by incorporating an exclusive, branded amenity into the lifestyle offering, and a partnership interest in Danny’s Meyers Meyer’s Union Square Hospitality Group. For more information about Related Companies please visit www.related.com.
About The Resmark Companies:
Founded in 1995, Resmark is a leading national private equity firm focused on real estate and powered by core foundational discipline and focus. A fully integrated real estate investment group, The Resmark Companies' divisions—Resmark Land and Housing and Resmark Apartment Living—finance, acquire, develop and manage real estate in the Western United States, including California, Washington and Arizona, as well as in other select major metropolitan markets nationwide. To date, Resmark has participated in over 160 projects encompassing more than 26,000 single-family and multifamily residential units. Headquartered in Los Angeles, Resmark also maintains corporate offices in San Diego and Chevy Chase, Maryland. For additional information, please visit www.resmark.com.
About Hakkasan Group:
Hakkasan Group is a worldwide entertainment, dining, nightlife, and hospitality company with establishments currently located across the United States, Europe, Middle East, and Asia. Its namesake is taken from its Michelin-star restaurant that set the high-level standard for the group’s collection of diverse brands. Its ‘brand-first’ philosophy builds dining, nightlife, day life, and soon-to-be hotel concepts into world-class lifestyle hospitality brands, all with a focus on service, design, innovation and the experience. Its restaurant portfolio includes the flagship Hakkasan Restaurant with 12 locations worldwide, including Yauatcha, HKK, Sake no Hana, Herringbone, Searsucker, and Social House. Under the nightlife/daylife umbrella of brands are Hakkasan Nightclub, Wet Republic, Stingaree, HQ Nightclub, HQ Beach Club, Bootsy Bellows, Hooray Henry’s, THE NICE GUY and SHOREbar. In 2014, Hakkasan Group and MGM Resorts International announced the formation of a joint venture hotel management company named MGM Hakkasan Hospitality with a series of hotel and resort projects already under development including MGM projects in the Americas, the Middle East, and Asia along with Hakkasan projects in Abu Dhabi and Dubai. Hakkasan Group is owned by Tasameem Real Estate LLC, an Abu Dhabi-based investment company. For more information, visit www.hakkasangroup.com.
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