And Glendale's housing boom rolls on. A six-story, 235-unit apartment building is in the works for North Central Avenue, overlooking the gentle curves of the 134 freeway. Developed by Mill Creek Residential, this is actually a scaled-down version of a pre-recession project from another developer that called for 22-story tower of condos on the site. Mill Creek plans to build a mix of studios, one-, two-, and three-bedroom apartments, including two-story penthouse units, on the full-block site. Units will range in size from 600 to more than 1,400 square feet. According to Multi Housing News, the project will also include "a large resort-like pool ... area courtyard and two smaller attached intimate courtyards, a dramatic two-story lobby ... fitness center, yoga room, [and] multipurpose clubhouse with a gourmet kitchen area." It's got a little something for everyone, which is what Mill Creek's Michale Genthe says they're going for. Noting that Glendale's median age is 40, he said he's hoping the development will attract both empty nesters and the younger workers who commute to, say, Disney's campus nearby.
A restaurant was demolished long ago to make room for the new building, and next a now-vacant medical building will be torn down. Construction is scheduled to begin in April and Mill Creek hopes the apartments will be move-in ready in early 2015.
The project is being paid for out of a new $400 million fund Mill Creek established to develop luxury apartment construction on infill sites across the country. This is the fund's first project in Southern California, though they are actively looking for more sites around LA, including in Downtown.
· Mill Creek Residential Trust to Develop 235 Units in Glendale [MHN]
· Checking In On 10 Residential Projects on the Way in Glendale