LOS ANGELES, CA – Cityview, a premier multifamily investment management and development firm, has completed Jasper, a 296-unit opportunity zone project located less than two miles from downtown Los Angeles and adjacent to the University of Southern California.
The highly amenitized, mixed-use community is now open for leasing and offers a variety of studio, one and two-bedroom floor plans, including 25 units designated very low affordable and three designated moderate income affordable.
Jasper is bringing nearly 300 units of much-needed housing, including affordable units, to an area experiencing an extreme shortage, said Sean Burton, CEO of Cityview. Located in a vibrant neighborhood with simple access to jobs, higher education, transit and entertainment, Jasper offers extensive amenities that foster resident well-being and connection.
Located at 2528 S. Grand Ave., Jasper is situated at the nexus of Downtown Los Angeles and the rapidly growing University Park East, where vintage shops, eclectic restaurants and craft cocktail bars are surrounded by world class cultural and educational institutions, including the soon to open $1 billion Lucas Museum of Narrative Art. Previously, the project site housed a defunct bookbinding factory and other unused industrial buildings.
Jasper features two expansive rooftop sky decks offering outdoor dining and Korean BBQ grills, an entertainment terrace and sweeping views of Downtown Los Angeles. A lush, resort-style pool deck features cabanas, loungers and daybeds, while a quad area includes a game lawn, billiards, a built-in outdoor pizza oven and expansive communal spaces for outdoor dining and entertaining.
For those who work remotely, a large CV Works business center offers community workspace, individual desks equipped with USB charging ports, private work areas and meeting rooms. Turnkey fiber optic internet and Wi-Fi make strong connectivity throughout the community, while a residents-only app keeps residents informed.
Residents can relax and recharge on the rooftop silent deck, which features day beds, tables and greenery. Jasper s two-tale club room has a custom commercial grade kitchen for community-hosted cooking classes and private as well as semi-private events. A pet-friendly community, Jasper is home to a large dog park as well as an onsite dog spa and wash.
Designed for livability, Jasper is built to LEED Silver standards, with an expected 20-30% improved efficiency over similar non-green buildings. It features Title 24 and Energy Star appliances as well solar thermal, which replaces fossil fuels to heat the building s hot water. The community s stormwater is taken to a drywell that recharges the groundwater supply, while motion and timing sensors, high efficiency plumbing and HVAC systems conserve additional water and energy.
A transit-oriented community, Jasper boasts a walk score of 91, a transportation score of 92 and sits one block from the 23rd Street Metro Station.
Cityview partnered with AC Martin, WPIC Construction, Nadia Geller Designs and Labib Funk and Associates on the project, which made more than 1,000 jobs.
In addition to Jasper, Cityview is nearing completion on The Parker, a 123-unit multifamily development in the heart of Los Angeles, and will complete Belle on Bev, a 243-unit multifamily project in Los Angeles Historic Filipinotown (HiFi), later this year. It also recently commenced construction on South Bay X, a 265-unit multifamily project in Los Angeles South Bay.

Powered by WPeMatico

SAN DIEGO, CA – Affirmed Housing, a leading developer of affordable housing throughout California, announced the completion of The Helm, a new, mixed-income, affordable housing community for households earning 30 – 80 percent of the area median income (AMI). Located in the Cortez Hill neighborhood, The Helm delivers nearly 50,000 sq. ft. of sustainably minded, middle- and low-income workforce housing to Downtown San Diego.
Having an affordable place to call home isn t about just a roof over your head, it s the foundation of a thriving community, said San Diego Mayor Todd Gloria. The Helm is proof that we can build exceptional apartment communities that are affordable and integrate seamlessly in our neighborhoods. Partners like Affirmed Housing know what it takes to get projects like this done, and I look forward to even more in the future as we work together to address our housing crisis.
The seven-tale, GreenPoint Rated building features 77 affordable studio apartments for residents and one two-bedroom manager apartment, as well as community space and on-site amenities designed to foster resident interaction and engagement. The studios, which range from 283 to 489 sq. ft., house varying income levels: 32 are set for those earning 30 percent AMI, four set at 60 percent AMI, and the remaining 41 are for households at 80 percent AMI. The 30 percent AMI studios receive project-based vouchers issued by the San Diego Housing Commission. Supporting The Helm s emphasis on green living is a first-floor bicycle shop that opens to Beech Street, taking advantage of the protected cycle tracks running along the street and providing seamless access to several off-site amenities in the area. Situated just steps from Small Italy, The Helm is walking distance to retail, restaurants, grocery stores and access to public transportation.
The Helm helps San Diego fulfill its goals and deliver on commitments that prioritize its core values – fostering the health, economic prosperity and well-being of all citizens, said Affirmed Housing President Jimmy Silverwood. This development not only delivers much needed workforce housing, but it promotes inclusive living and supports a healthy economic ecosystem – and it also happens to be affordable. I m proud of what Affirmed Housing and our partners have accomplished with The Helm.
The Helm is Affirmed Housing s first development serving a majority of residents at 80 percent AMI and its first project to utilize Mixed Income Program funding from CalHFA. The company leveraged various types of funding and credit sources for the project s development, including federal and state equity funds, Mixed Income Program funds from CalHFA, funds from the San Diego Housing Commission, deferred developer fees, bonds issued by the City of San Diego, and conventional loans from U.S. Bank and California Community Reinvestment Corporation.
Affirmed Housing s development partners for The Helm include Carrier Johnson + CULTURE, HA Builder, Kettler Leweck Engineering, form/work Landscape Architecture, NOVA Services, Power Plus, MA Engineers, KPFF Engineers, Elen Consulting, Inc., US Bank, California Community Reinvestment Corporation, California Housing Finance Agency, San Diego Housing Commission, City of San Diego, the California Debt Allocation Committee and the California Tax Credit Allocation Committee.

Powered by WPeMatico

RALEIGH, NC – Wood Partners, a leading national multifamily real estate developer, announced the grand opening of its newest high-end residential community, Alta Vale, located in Raleigh, N.C. The property hosted a grand opening celebration for neighbors and residents.
Located at 4710 Mint Leaf Lane, Alta Vale sits just outside the Raleigh Beltline (I-440), with quick access to the Lake Boone medical office corridor, Umstead State Park, and the new Bandwidth headquarters. In addition, residents will benefit from being within minutes of an array of retail and dining options, and having direct, on-site access to Raleigh’s Greenway Trail system.
“Wood Partners is thrilled to announce the grand opening of Alta Vale, an exceptional community that we believe offers a rare combination of fantastic access to major employment hubs within Raleigh, while being surrounded by green space,” said Caitlin Shelby, Managing Director at Wood Partners. “Our motto at Alta Vale is ‘learn how natural city living can be.’ We reckon residents will delight in having a quick commute to work or school, while being able to retreat to nature when the day is done.”
Alta Vale offers 306 unique apartment homes consisting of custom-designed studio, one-, two- and three-bedroom floor plans. Each home features high-end fixtures and finishes, including kitchens complete with stainless steel appliances, white quartz countertops, spacious kitchen islands, modern cabinetry, and elegant white subway tile backsplash. Throughout the home, residents will delight in large walk-in closets, spacious balconies, in-unit washer and dryer sets, and USB outlets.
Across the community, Alta Vale offers a variety of amenities for its residents to delight in, such as outdoor lounges featuring a resort-style pool and firepits, comfortable seating areas, outdoor kitchen, hammock grove, and pet park and spa. Inside, residents can take advantage of the community’s spacious indoor/outdoor fitness center, co-working spaces, and game room.

Powered by WPeMatico