Venice single-family homes to give way to multifamily development
Racing Green Group plans to tear down two single-family homes in Venice to build a new apartment complex. The shift from detached houses to multifamily housing reflects growing demand for denser residential options in the popular coastal neighborhood. Local entrepreneurs may see fresh opportunities in construction, property management, and adaptive redevelopment projects.
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Summary written by Entrepreneurs Of Los Angeles. The original reporting belongs to The Real Deal; we do not republish the article.