Introduction to City Ventures’ New Project
City Ventures has moved forward with plans to build 54 townhomes in South Gate.
The Irvine-based developer aims to construct the three-story attached townhomes on a vacant lot at 10130 Adella Avenue, west of the Los Angeles River, Urbanize Los Angeles reported, citing a new environmental report.
Project Details
Plans call for 54 for-sale townhomes with three or four bedrooms ranging from 1,300 to 1,700 square feet.
The gray and white complex, designed by KTGY and C2 Collaborative, would have 12,000 square feet of common open space including pedestrian walkways, lawns and a central park.
Rendering of 10130 Adella Avenue (KTGY)
Affordable Housing
The City of South Gate will require that six of the homes would be set aside as affordable to moderate-income buyers.
The cost of the proposed complex was not disclosed.
Construction Timeline
Pending approvals, City Ventures would break ground in June and complete the homes by September of next year.
City Ventures, founded in 2009, has projects in the works for Artesia and Santa Ana, according to Urbanize. It’s also active in the Bay Area.
City Ventures’ Other Projects
In Northern California, Urbanize SF reports the developer has plans for multifamily housing near Mineta International Airport in Santa Clara.
City Ventures has also been involved in other projects, including a plan to build 90 townhomes in West Oakland and nearly 70 homes in NorCal’s Fremont.
Conclusion
The new townhome development in South Gate is a significant project for City Ventures, and it will provide much-needed housing in the area. With its commitment to affordable housing and its experience in developing multifamily housing, City Ventures is well-positioned to deliver a successful project.
FAQs
Q: Where will the new townhome development be located?
A: The development will be located at 10130 Adella Avenue in South Gate, west of the Los Angeles River.
Q: How many townhomes will be built?
A: 54 for-sale townhomes with three or four bedrooms will be built.
Q: What is the expected completion date of the project?
A: The project is expected to be completed by September of next year, pending approvals.
Q: Will there be any affordable housing options available?
A: Yes, six of the homes will be set aside as affordable to moderate-income buyers.
Q: What other projects is City Ventures involved in?
A: City Ventures has projects in the works for Artesia, Santa Ana, West Oakland, and NorCal’s Fremont, among others.
