Archstone, the apartment developer, has purchased the Bay Club apartment complex at 14015 Tahiti Way. It will be renamed Archstone Marina Bay. The company already owns 2 apartment buildings in the Marina, including the Archstone Marina del Rey on Via Marina. The good news is that they are not planning to replace the existing 205 unit building. Instead they will focus on renovating the existing structure by refacing the exterior and redesigning the floor plan. The bad news for many boaters is that they plan to increase the size of the slips in their anchorage to accommodate larger boats which will result in a decrease in the number of slips.
The Shores: Courtesy Nadel Architects
The Shores, the massive apartment complex going up on Via Marina at Marquesas Way, was originally scheduled to open in the fall of 2012. The developer has announced that it will now open in the spring of 2013.