The Del Rey Neighborhood Council has endorsed a proposed redevelopment project at the Villa Marina Marketplace after the project developer offered to reduce the number of planned residential units at the site. The project is called Ocean Walk.

The Olson Company, project developer, has said it hopes to begin construction for Ocean Walk by the end of the year.

The Olson Company now proposes constructing 244 residential units and 9,000 square feet of retail space at 13480 and 13490 Maxella Ave., and 4350, 4356 and 4358 Lincoln Blvd. in the Villa Marina Marketplace shopping center in the Marina area.

The Ocean Walk project will redevelop a portion of the shopping center on the present sites of Carl’s Jr., Marie Callender’s and Chan Darette restaurants and Kinko’s.

The original project proposal called for the construction of 310 residential units, which was opposed by the Neighborhood Council because of potential impacts on the community.

The developer then proposed to reduce the number of residential units by 22 percent to 244 units, which was approved by the Del Rey Neighborhood Council Planning and Land Use Committee Thursday, February 24th.

A relocation of access to the site was also proposed by The Olson Company.

The Neighborhood Council voted to endorse the project Thursday, March 10th, based on the proposed changes, said Mark Redick, Neighborhood Council vice president.

“By lowering the amount of units, they (Olson Company) lessened the traffic impact that we were worried about,” Redick said.

The original access opposite Del Rey and Maxella Avenues was also a main concern for the council because the access would have created a major impact on traffic, he said.

The access will now be relocated east, near the Good Guys/Tower Records building on Maxella Avenue.

While the Neighborhood Council had some concerns about the proposed Ocean Walk project, council members have supported plans for a redevelopment of the Villa Marina Marketplace, he said.

“We realized something has to be done with that area,” Redick said.

Redick also noted that there are currently about nine other proposed development projects in the surrounding area, but the Ocean Walk project should have the least impact on the community.