The City Council of Rolling Hills Estates on February 14, 2006 tentatively approved a new condominium complex intended to replace the existing car wash adjacent to the Avenue of the Peninsula shopping mall and across from the Public Library on Deep Valley Drive. The project is planned to be a four story 58 unit condominium, with units containing two or three bedrooms with two baths, and ranging in size from 1,377 to 2,648 square feet. The project will also have roof top decks as an additional amenity. The units will be clustered around a central courtyard and will also contain 5,810 square feet of ground floor retail space.
The project approved joins two others that the council had previously approved : Silver Spur Court, an 18-unit condominium complex to be built at the corner of Silver Spur and Crenshaw Boulevard (replacing the former McDonald's restaurant), and Peninsula Villas, a 41 unit condominium complex for seniors 55 and older that will be constructed on what is now a parking lot between two buildings at 901 Deep Valley Drive. Another project, which will be a mix of medical offices, condominiums and ground floor retail, is also in the planning stages, to be located just west of the Post office on Deep Valley Drive.
The project is consistent with the City's vision of an urban village along Deep Valley Drive mixing retail, office, and commercial uses in a pedestrian friendly environment.