All-electric homebuilder City Ventures has commenced construction on the Eginhouse townhome redevelopment project in Artesia, California, US.
The ground-breaking ceremony is scheduled for tomorrow (3 April), marking the start of a new community within the city’s northern end.
City officials, staff, and project partners are expected to join the event.
The 4.2-acre site, previously an industrial area, is located at the south-west corner of Arkansas Street and Pioneer Boulevard.
City Ventures president Natasha Zabaneh said: “Repurposing a once-blighted commercial area with sought-after residential in a vibrant storefront-lined street scene is a win-win for everyone.
“Together, we’re creating new possibilities for residents and tenants here in Artesia.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThe development will feature 59 three-storey townhomes, including 22 units designed for live/work purposes, and an additional 4,544ft² of commercial space on the ground floor.
City Ventures executive vice-president Ryan Aeh said: “We’re thrilled to play a role in revitalising this dynamic area of Artesia.
“This property is tucked away in a unique corner of town with many perks, including great schools and convenient access to freeways – which will be a plus for both future residents and commercial tenants.”
Work on this redevelopment project follows a grand opening to debut City Ventures’ Grove Village community in Santa Rosa, US, in August last year.
The community includes a wide-ranging collection of solar-powered, all-electric residences ranging from approximately 1,806ft² to 2,473ft².