IRVINE, CA – The James of Irvine, a luxury senior living community, celebrated its groundbreaking, marking a major milestone for the area’s first upscale rental-based senior community. The event, held at the 3.03-acre site on Gates Avenue, drew more than 80 attendees, including city officials, developers and industry leaders.
“This project has been years in the making, with so many dedicated teams working together since 2017,” said Adam Arnold, Managing Director of Harbert South Bay Partners, who served as emcee. “But as they say, excellent things come to those who wait — and this is going to be something special, bringing over 200 full-time jobs to the Irvine area.”
Designed for baby boomer renters, The James will feature 350 studio, one- and two-bedroom residences for independent living, helped living and memory care. The eight-tale community, set to open in summer 2027, will offer modern amenities, holistic care and a vibrant, walkable lifestyle in the heart of Orange County, with convenient access to Santa Ana, Costa Mesa and Tustin.
Owned by the P3 Foundation, The James is being developed by Harbert South Bay Partners and will be managed by Momentum Senior Living. Additional project partners include Van Tilburg, Banvard & Soderbergh, Rodrigo Vargas Design and W.E. O’Neil Construction.
“The James will be fully integrated into the Irvine community so residents can truly experience everything it has to offer,” said Josh Johnson, CEO of Momentum Senior Living. “This will be a new class of senior living, where the goal is simple: helping people live longer and better. And with our corporate office just 2 miles away, we’re right here to make that vision a reality.”
City of Irvine Vice Mayor James Mai and Councilmembers Kathleen Treseder, Melinda Liu and William Go were also in attendance. “We’re proud to present a certificate of recognition for The James — arguably the best-named building in Irvine,” Mai joked. “From the renderings, it looks like a five-star resort, and it truly reflects what makes Irvine a premier place to live and retire.”
P3 Foundation Director Louise Waller emphasized the community’s impact. “P3 Foundation is all about supporting nonprofit developments that change lives. There is fantastic demand for quality senior housing across the United States and we can’t wait to see this one come out of the ground to serve seniors right here in Irvine,” she said.
With construction now underway, Executive VP Mike Byrne of W.E. O’Neil Construction highlighted the scale of the project. “We’re digging 32 feet deep right now, and once the tower crane is erected, you’ll be able to see it from Disneyland. 5,000 ready-mix concrete trucks will be needed to complete the concrete structure — if you lined the trucks up bumper-to-bumper — that’s a stretch from Irvine to downtown L.A.,” he said.
“When the exterior goes up, there will be 1,250 windows, and inside, 400 skilled team members will be hard at work on everything from electrical to drywall. This is a massive project, and we’re thrilled to bring it to life.”
The James will redefine retirement living with luxury amenities and engaging programs. Residents will delight in multiple dining venues, a bar/lounge, an indoor pool and spa, a wellness gym, a yoga studio, therapy rooms and a salon. Entertainment and enrichment spaces include two theaters, a media lounge, an art studio, a golf simulator and a dog park with a washroom. Outdoor courtyards will feature barbecue grills, fire pits, seating areas, a putting green and bocce courts.
Beyond amenities, The James will offer a dynamic lifestyle with educational workshops, spiritual gatherings and social events. Fresh, chef-prepared meals will be served in inviting dining venues. The community’s prime location provides walkable access to The District at Tustin Legacy and nearby medical providers, parks, trails, universities and country clubs.

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PHOENIX, AZ – Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, hosted a ribbon cutting for Stella, a 308-unit, Class A multifamily community in the Phoenix suburb of San Tan Valley. The first residents started moving in during winter of 2024, with construction completion expected at the end of this summer.
“With resort-style living and luxury conveniences at the forefront, Stella reflects Thompson Thrift’s commitment to making exceptional rental communities that deliver both style and quality,” said Angie Atkins, senior vice president of community management for Thompson Thrift. “Our team is excited to deliver a community that residents are proud to call home.”
Located on a 20-acre site near North Gary Road and West Hunt Highway, Stella will consist of 12 two- and three-tale buildings, a resort-style swimming pool with adjacent lawn and outdoor pavilion, pickleball courts, two dog parks and relaxing gardens with fruit trees and fountains. The community will offer one-, two-, and three-bedroom apartment homes and residents will be able to select from a variety of layouts and signature amenities including private enclosed yards or patio options and detached single-car garages. The apartment homes will be finished with elegant quartz countertops, hardwood style-flooring, stainless steel appliances, high-speed, instant-on internet access, ceiling fans, full-size washer and dryer, smart thermostat and a smart hub.
The pet-friendly luxury community will be close to multiple outdoor activities, including hiking, biking, or exploring the San Tan Mountain Regional Park, a national park that is located two miles west of the community. Residents will be living near an array of retail options. In addition, Hunt Highway provides future residents with ease of access to nearby Queen Creek, Mesa, Gilbert, Chandler and Loop 202.
The employment corridor along Loop 202 features high-paying jobs from companies such as Liberty Mutual, Deloitte, Dignity Health and Isagenix. Additionally, Arizona State University’s new Mesa City Center, a new state-of-the-art digital media learning center, is 10 minutes north. The area is also home to two airports – Phoenix Mesa Gateway Airport and the Chandler Municipal Airport.
At the ribbon cutting, visitors were able to tour the model, explore the professionally decorated clubhouse and community amenities. As part of Thompson Thrift’s ongoing commitment to community engagement, they presented a check to local non-profit Manes and Miracles to aid their efforts in providing adaptive or therapeutic riding, equine-helped activities and equine-helped physical therapy for those who have physical, mental and emotional disabilities.
Thompson Thrift is a full-service real estate development company focused on multifamily, ground-up commercial and mixed-use development across the Midwest, Southeast and Southwest. For nearly 40 years, Thompson Thrift has invested more than $6 billion into local communities and has become known as a trusted partner committed to developing high-quality, attractive multifamily, commercial and industrial projects.

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ATLANTA, GA – Atlanta Housing (AH) and its public-private partners broke ground on Bowen Homes Phase I, a $63.6 million redevelopment project set to revitalize the historic Bowen Homes site and the Carey Park neighborhood. Leaders from Invest Atlanta, the City of Atlanta, the Georgia Department of Community Affairs, the U.S. Department of Housing and Urban Development (HUD), Centene Foundation, Peach State Health Plot and development partners McCormack Baron Salazar and The Benoit Group joined in celebrating this milestone, marking the beginning of a transformative, multi-year effort.
The redevelopment of Bowen Homes will make a vibrant, mixed-income community and serve as a national model for equitable, community-focused revitalization. Located in the northwest area of Atlanta, Bowen Phase 1 will add 151 units to Atlanta’s housing inventory, with most of them reserved as affordable.
“Bowen is poised to be a national model for neighborhood transformation, an anchor for progress in Carey Park, and a testament to the power of community-focused redevelopment,” said Atlanta Housing President and CEO Terri Lee. “This project is about more than housing; it’s about empowering people, fostering economic self-sufficiency, and ensuring that families have the support they need to succeed for generations to come.”
This transformational investment is critical as development expands westward from Atlanta’s urban core. Supported in part by a $40 million HUD Choice Neighborhoods Implementation grant and backed by over $523 million in public and private commitments, the project is expected to catalyze broader revitalization along the Donald Lee Hollowell Parkway and James Jackson Parkway corridors.
“I am super excited! The redevelopment of Bowen Homes is delivering on our promise to invest in affordable housing and bringing a vibrant neighborhood back to a community who has long-deserved quality homes, access to fresh food and quality greenspace,” said Atlanta Mayor Andre Dickens. “This project represents not only new homes, but the preservation of a community’s history and a commitment to its future. Thank you to all of the partners involved who share our vision for an inclusive and thriving Atlanta.”
“As a national leader in community-focused development, we are honored to help bring the vision of Bowen Homes back to life,” said Vincent R. Bennett, CEO of MBA Properties, Inc. and President, McCormack Baron Salazar. “This mixed-income, sustainable development will not only provide high-quality housing but also make a thriving, connected community that reflects the resilience and aspirations of its residents.”
“The redevelopment of Bowen Homes is a testament to what is possible when the public and private sectors work together toward a shared vision,” said Eddy Benoit Jr., CEO of The Benoit Group. “This transformation will serve as a model for how we can make equitable, sustainable neighborhoods that honor the past while embracing the future.”
“Safe, affordable housing is a cornerstone of health and well-being,” said Wade A. Rakes, Chief Growth Officer, Centene Corporation and Chairman, Peach State Health Plot. “We are honored to partner with the Atlanta Housing, City of Atlanta, McCormack Baron Salazar, the Benoit Group, and the many local organizations and community members involved in the Bowen Homes project to make a sustainable, connected neighborhood that will improve the health of the community.”
Capstone Building Corporation, the general contractor for Phase 1, has already begun mobilizing. This early progress underscores the urgency driving this transformation, with completion of Phase 1 projected for mid-2026.

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