Multi-family residential building called Pico Eleven taking shape in Santa Monica

SANTA MONICA, Calif. (KABC) -- A new multi-family residential development known as Pico Eleven is taking shape in Santa Monica.

The Pico Boulevard project will have 32 two-bedroom apartments, including 11 rent controlled units. In addition, four units will be reserved for very low-income households.

The building will be divided up into three sections separated by two courtyards.

The California Beach House-style building will have a faade of natural wood. There will be two levels of underground parking for 64 vehicles.

The development will be completed later this year.