2802 Santa Monica Blvd.
Santa Monica, CA 90404
|Home||Special Reports||Archive||Links||The City||Commerce||About||Contacts||Editor||Send PR|
Developer of Water Garden, Ocean Towers Dies
By Jorge Casuso
May 11, 2020 -- Jerome H. "Jerry" Snyder -- a prominent Los Angeles developer who helped trigger Santa Monica's transformation into a high-tech center -- died Friday in his Bel Air home after a brief battle with cancer. He was 90.
Snyder's major projects included the Water Garden, a 17-acre office park that helped launch Santa Monica's reputation as Silicon Beach, and Ocean Towers, twin 17-story condo highrises that changed its beachfront skyline.
"Nice guy, big projects," said former Mayor Denny Zane. "Jerry was a cordial and decent guy who was willing to do outreach and sit down with community members."Jerry was a good businessman," Zane said. "He was an approachable guy. He never exercised power in an awkward way."
The twin condo highrises at 201 Ocean Avenue featured 317 residential units that currently list for $2.6 million for a three-bedroom unit.
Founder and Senior Partner of J. H. Snyder Company, Snyder's major projects have included Beverly Glen Park, The River at Rancho Mirage and Coronado Shores in San Diego.
Born in Brooklyn, Snyder moved with his family to Los Angeles in 1944 and grew up in Boyle Heights, where he graduated from Roosevelt High School.
Soon Snyder expanded to individual home projects, then small subdivisions before developing an 80-home community in Orange County financed by Home Savings & Loan.
In the late 1970s as home building slowed, Snyder transitioned to developing commercial properties, then began meeting market demand by building retail centers and multifamily projects.
One of his final projects is The Residences at Wilshire Curson, a 20-story state-of-the-art apartment building currently underway at SAG-AFTRA Plaza in Los Angeles' Miracle Mile.
The Los Angeles Business Journal selected Snyder to join its Business Hall of Fame in 2019 for his lasting impression on the city, and he routinely ranks on lists of Most Powerful Los Angeles Business Leaders.
Snyder and his wife, Joan, have made UCLA the beneficiary of much of their philanthropy.
A memorial service is planned at a later date. To honor Jerry Snyder’s memory, contributions may be sent to the UCLA Stein Eye Institute.
|copyrightCopyright 1999-2020 surfsantamonica.com. All Rights Reserved.||Disclosures|