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$38M Mulitfamily Project Begins

CHINO HILLS, CA-City officials say the 240-unit luxury complex being developed on 11 acres along Chino Hills Parkway is the first new apartment development in the city since its incorporation in 1991.

By Bob Howard | Updated on September 11, 2002

CHINO HILLS, CA-Construction has begun on a 240-unit, $38 million apartment project called The Missions of Chino Hills that is the first apartment development in the city since Chino Hills was incorporated in 1991.

The development, on 11 acres on Chino Hills Parkway just south of Carbon Canyon Road, is a project of The MorganGroup Inc., Cornerstone Real Estate Advisors and Bank of America.

It will include 15 buildings of 16 units each, with rents projected to range from $1,200 to $2,000 per month. The apartments will include 90 one-bedroom units, 118 two-bedrooms and 32 three-bedrooms, all wired for high-speed Internet access. Half of the units will feature one-car attached garages.

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