SAN DIEGO—A $150-million reinvestment has transformed one of San Diego's largest apartment complexes into a gated, resort-style community that features luxurious amenities as a clubhouse with a wine and beer bar, an indoor/outdoor terrace overlooking swimming pools, a Wi-Fi lounge, poolside cabanas, and a private dog park.
The extensive renovation to the newly named Village Mission Valley Apartment Homes in San Diego signifies the largest reinvestment in the history of Irvine Company Apartment Communities.
“We are extremely pleased with the dramatic transformation of The Village Mission Valley,” said Chaz Mueller, president, Irvine Company Apartment Communities. “We have created an incredible apartment community that we are proud to add to our high quality portfolio.”
The Village Mission Valley, formerly known as La Mirage Apartments, was acquired in 2013 and underwent months of construction in order to transform the 1,410-unit apartment community into luxury apartment homes. The Village offers one-, two- and three-bedroom apartment homes and townhomes ranging from 620 square feet up to 1,350 square feet. Interior finishes include modern cabinetry, quartz countertops, energy-efficient stainless steel appliances, hardwood-style flooring, full-size washers and dryers, walk-in closets and vaulted ceilings, with rents starting at $1,900 per month.
Community amenities include three resort-style saltwater pools, two lounge pools, five spas, outdoor cabanas and grills, a new clubhouse with a wine and beer bar, a Wi-Fi lounge, an indoor/ outdoor terrace overlooking the pools, an event lawn, and a guard station providing 24-hour controlled access. Additional luxury amenities include a mile-long running trail, a state-of-the-art fitness center and movement studio, a private dog park and a dedicated team to plan resident gatherings and events.
Set on a private bluff overlooking coastal hills, The Village Mission Valley is located at 6560 Ambrosia Drive with convenient access to Interstate 15 and Interstate 8. Residents enjoy nearby shopping at Fashion Valley Mall, fine dining, entertainment, events at Qualcomm Stadium, world-renowned beaches, and downtown nightlife.
The acquisition and completion of The Village Mission Valley highlights Irvine Company's long-term commitment to providing the highest quality rental living experience in California, the company says. The firm is making several multi-million dollar investments in San Diego apartment communities, including the Villas Renaissance in La Jolla, Pacific View in Carlsbad and Monte Vista in Mission Valley.
Irvine Company Apartment Communities owns and operates approximately 135 apartment communities in San Diego, Orange, and Los Angeles counties as well as in Silicon Valley. It is also the exclusive builder of multifamily rental homes on the master-planned communities of The Irvine Ranch.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
