American housing developer JPI has begun construction on a 482-unit project, called ‘The Exchange at Riverside’, California, US.

This three-storey multifamily project will provide residents with one-, two-, and three-bedroom floor plans alongside work and living quarters.

The units will be equipped with energy-efficient stainless-steel appliances and private tiered balconies, 9ft ceilings, and a full-sized washer and dryer. 

Among the amenities to be provided at the project include two resort-style pools with cabanas and outdoor firepits, a fitness centre, an outdoor kitchen, co-working spaces, a pet park, an electric vehicle charging station, and a bicycle storage and repair room. 

JPI CEO Payton Mayes said: “We are very blessed to be welcomed by the Riverside community and are excited about this project. 

“Every project has a story, and there are so many people who played a role in the story of The Exchange at Riverside. We are so grateful for each and every one of you, and are excited to see this project come to life.” 

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The Exchange at Riverside will provide access to the downtown Fox Performing Arts Center, Convention Center, UCR Arts, Riverside Plaza, and Mission Inn Hotel & Spa.  

It is located close to the University of California, Riverside, which holds more than 26,000 students.   

Additionally, Metrolink Station is located two miles south-west of the project while the historical 209-acre Fairmount Park is within a mile’s distance.