City Ventures wants to develop complex of townhouses in Commerce

The firm filed plans for 133 homes in what is now an nearly 6 acres of industrial properties

Los Angeles /
Jul.July 27, 2020 10:00 AM
City Ventures CEO Mark Buckland and a rendering of one of the townhouses
City Ventures CEO Mark Buckland and a rendering of one of the townhouses

Developer City Ventures is planning a 133-unit townhouse complex in what is now a swath of industrial properties in Commerce.

The development would rise on 5.7 acres at 5550 Harbor Street, 5625 Jillson Street, and 5555 Jillson Street, according to Urbanize.

The three-story townhomes would be largely uniform — each is planned as three-bedroom units that would range from 1,400 square feet to 1,670 square feet. They would also each have a two-car garage.

Orange County-based City Ventures is developing similarly-scaled townhome projects in Santa Rosa and Santee in San Diego County. It also developed a solar-powered townhome complex in Long Beach.

The firm plans to build the Commerce project in phases starting in September and wrapping up by the end of 2023, according to Urbanize.

City Ventures’ project is on the edge of Commerce’s largest residential area.

Craig Realty Group is also looking to expand the nearby Citadel Outlets shopping center with hundreds of thousands of square feet of residential space. [Urbanize] — Dennis Lynch

 

Related Articles

arrow_forward_ios
Southern California median home price tacks on $85,000 in October
Southern California median home price tacks on $85,000 in October
Southern California median home price tacks on $85,000 in October
Trelora CEO Brady Miller (Trelora, iStock)
Denver discount broker starts California challenge in LA
Denver discount broker starts California challenge in LA
(iStock)
Flipside to LA’s rich zips: Top spot on “unaffordable” list
Flipside to LA’s rich zips: Top spot on “unaffordable” list
California has 63 of 100 most expensive zip codes. (iStock, AboutZipCode)
California claims lion’s share of 100 priciest zips
California claims lion’s share of 100 priciest zips
California counterintuitive: Less frenzy, more home sales
California counterintuitive: Less frenzy, more home sales
California counterintuitive: Less frenzy, more home sales
Home prices continue to increase (iStock)
Southern California ekes out another record on home price
Southern California ekes out another record on home price
The Agency CEO Mauricio Umansky and agent Zar Zanganeh (Getty, Luxe Estates)
The Agency places bet on Vegas
The Agency places bet on Vegas
Prediction: California housing market will cool in 2022
Prediction: California housing market will cool in 2022
Prediction: California housing market will cool in 2022
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...