On Tuesday, March 28, 20005, the City Council of Rolling Hills Estates gave final approval on a planned four story 58 unit condominium complex to be built at 627 Deep Valley Drive, replacing an existing car wash, and across from the Village Shopping Center, and the Peninsula Center Library. The Mediterranean-style complex will have units with two to three bedrooms, ranging in size from 1,377 to 2,648 Square feet., all with two bath rooms. No pricing has been set for the project. The project will also contain 5,810 of retail commercial space on the ground floor.
This development joins two other projects approved in 2004; Silver Spur Court, an 18 unit condo project currently under construction at the corner of Crenshaw and Silver Spur (replacing the previous McDonald's restaurant), and Peninsula Villas, a 41 unit 55 and over condo development planned for 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.