500 Lake Park is a six-story mixed-use building that will be constructed at the eastern tip of Lake Merritt across from the Grand Lake Farmers Market and just a two-minute walk from the Grand Lake Theatre. It will include 54 affordable family housing units over parking and ground-level retail. The facade undulates in a fun, carefree way that speaks to the form of the lake and the neighboring Splash Pad Park, which also features curves within its landscaping.