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California  + Retail  | 

260-Unit Residential Project Approved for Fred Segal Site

A new mixed-use urban environment is set to arise on the Fred Segal site at 500 Broadway in Santa Monica. A joint-venture between Beverly Hills-based KRE Capital and affiliates of New York-based Dune Real Estate Partners received Planning Commission approvals for 500 Broadway, a seven-story, more than 260-unit multifamily project.

The property was purchased from Fred & Michael Segal in May 2012 and envisioned as a transit-oriented project, given the sites’ proximity to the Expo Light Rail, slated to open in May. The upscale retailer is relocating to Runway Playa Vista.

Santa Monica-based Koning Eizenberg Architecture’s design concept for 500 Broadway encompasses a collection of four elegant buildings, none taller than 84 feet, set atop ground floor retail. The project will include a unique mix of studio, one, two and three -bedroom residences.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

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