Kennedy Wilson, in a public-private partnership with California State University Channel Islands (CSUCI), has unveiled plans for a new 32-acre, mixed-residential community.
Kennedy Wilson was awarded the development opportunity via public RFP and has re-entitled the land for a master plan that will deliver 310 market-rate apartments, 109 for-sale homes, 170 income-restricted apartments for seniors, as well as community-serving amenities to the University-adjacent site at the western edge of the Santa Monica Mountains.
“Developing this new community is an important step in our larger partnership with CSUCI and will meaningfully contribute to a region that is short on supply of high-quality apartments and homes for faculty, staff and local residents,” said Nick Bridges, Kennedy Wilson managing director, who structured the partnership with CSUCI. “Many people are rethinking how and where they want to live, and we continue to see a trend of residents moving from city