344-Unit ElevenOneEleven Moves Toward Construction in Culver City
A major mixed-use development at 11111 Jefferson Boulevard in Culver City secures $132.7 million in financing, moving the 344-unit project toward construction.
A significant new mixed-use development, dubbed ElevenOneEleven, is advancing toward construction in Culver City. The project, located at 11111 Jefferson Boulevard, recently secured $132.7 million in construction financing from Bank OZK, marking a major milestone for the developers, Lincoln Property Company and McCourt Partners.
The six-story complex is set to bring 344 residential units to the area, contributing to the ongoing densification of the West Los Angeles corridor. As the project moves into its next phase, it represents a substantial investment in the local housing market and highlights the continued demand for large-scale, transit-oriented residential developments in Southern California.
Curated by Loftway Homes. Read the full article on LA YIMBY.
