Sunday, September 23, 2012

Century West Partners Breaks Ground for The Gibson at 7th and Arizona in Santa Monica


Santa Monica, CA – Century West Partners, a Los Angeles-based residential development venture, in partnership with Hartford, Conn-based Cigna, have broken ground on the first phase of The Gibson (top left photo) at 7th and Arizona – a two-building, 106-unit upscale apartment development in Santa Monica, Calif.  Santa Monica Mayor Richard Bloom attended the ground-breaking..

Formed last year, Century West Partners is headed by veteran residential developers Michael Sorochinsky (lower right photo) of Los Angeles-based Cypress Equity Investments and Randy and Steve Fifield of Chicago-based Fifield Companies.  

The project will be the venture’s first apartment development in the Santa Monica market and third development in the Los Angeles Area, following the 404-unit Avant and 303-unit K2 LA, in downtown Los Angeles and Koreatown, respectively.

 “Bringing the Century West brand to the Santa Monica market is an exciting opportunity for us,” said Sorochinsky. “This is a highly-desirable location that will offer residents immediate access to some of the best cultural and retail destinations the Los Angeles area has to offer.

“They will be only a short walk from the famed Third Street Promenade, as well as Santa Monica State Beach and Santa Monica Pier.”

For a complete copy of the company’s news release, please contact:  

 Kim Manning,, (312) 267-4527
Mark Thomton,, (312) 267-4523    

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