He sought to replica the appearance and feel of Venice, Italy, in Southern California. However, the project was not successful, and the canals remained in poor condition for more than 40 years.
In 1993 the Canals had a $6 million restoration, the 20-month restoration construction included draing the canals, reconstruction and repair of canal sidewalks and wooden pedestrian bridges. Venice Canals have become a desirable and expensive residential section of the city.
The average home site on Venice Canal is 30' wide by 80' to 90' deep. Home price range from $1,500,000 to $4,000,000+.
Venice is home to Los Angeles' Silicon Beach. Snapchat & many other tech firms located in Venice, CA.