ANAHEIM, CA— Anaheim city council votes unanimously on 17.6-acre master-planned community adjacent to Angel Stadium.
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David Phillips |
davidphillips |
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Updated on June 29, 2016
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ANAHEIM, CA— JPI a leader in the development of class A multi-family housing, received unanimous approval from Anaheim’s mayor and city council for Jefferson Stadium Park , a 17.6-acre prime real estate site located in the prestigious Platinum Triangle , adjacent to Angel Stadium .
The $364 million development , scheduled to break ground in December, is a 1079-unit luxury apartment community, which includes a 1.1-acre public park, and 14,600 square feet of community-oriented retail space. The site is at the southwest corner of State College Boulevard and Gene Autry Way . GlobeSt. reported on the proposal in February “Jefferson Stadium Park is representative of the ideals of Anaheim’s Platinum Triangle, embodying the highest level of architectural features centered around an environment that encourages community engagement and activation of key boulevards in the Triangle,” said Anaheim mayor Tom Tait . Residents of Jefferson Stadium Park will have access to Anaheim’s Regional Transportation Intermodal Center (ARTIC), as well as year-round entertainment, including Major League Baseball’s Los Angeles Angels , and the National Hockey League’s Anaheim Ducks . The development is just one mile away from the Downtown Disney Shopping District , Disneyland and California Adventure theme parks. Also nearby is the public marketplace of the Anaheim Packing District . This is the second project for JPI in Anaheim’s Platinum Triangle. Currently under construction is the $120 million Jefferson Platinum Triangle , a 400-unit luxury apartment community located near the intersection of State College Blvd ., and Katella Avenue , scheduled for occupancy in Fall of 2017. “Jefferson Stadium Park represents an additional $364 million investment that JPI has committed to Anaheim,” said Heidi Mather , senior vice president and development partner. “Anaheim’s Platinum Triangle is a model for development efforts that encourage new projects, enhancing quality living experiences for the community. This new project only strengthens our commitment to be a part of the revitalization of this core area of Anaheim.” JPI’s Western Regional Division is based in San Diego, and has developed 15 luxury apartment communities throughout California totaling over 5,800 units. Additionally, the western division just announced the closing of two development projects in Arizona. “JPI’s foundation is its commitment to building world-class apartment homes that contribute to the fabric and economy of local communities,” said Todd Bowden , managing development partner of JPI’s Western Region. “Southern California, in particular, is a key market focus for JPI. Our development work with the City of Anaheim has been an exceptional experience.” JPI is a national developer, builder and investment manager of class A multifamily assets in select US markets, headquartered in Texas, with offices in California, Arizona and New York.
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