With rents starting at $1,200, the complex, on East Fourth Street at Pine Avenue, features a fitness center, a swimming pool and a spa, steam saunas, outdoor fireplaces, controlled access parking, a business center, a multipurpose media room and clubroom, and other amenities in what PCS describes as a luxury project.
The Premiere is part of the eight-square block CityPlace redevelopment that is replacing the former Long Beach Plaza enclosed mall. The apartment project includes five buildings of three stories each. It is being built over ground-floor retail space owned by Cleveland-based Developers Diversified Realty Corp. (DDR).
DDR is the master developer for the eight-block CityPlace redevelopment area. The Premiere project site is along Pine Avenue between 5th and 6th streets, within walking distance of the waterfront. PCS secured $5.5 million in joint venture equity from Newport Beach, CA-based Buchanan Street Partners for the development of the complex.
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