The master planned community of Great Park Neighborhoods received its first two affordable family apartment communities for low-income families on Oct. 27.
The Luminaira at Parasol Park and The Espaira at Parasol Park, both designed by KTGY Architecture + Planning, will provide a total of 166 affordable apartments and a 4,000-sf leasing and social services center. The leasing and social services center will include a kitchen, media lounge, computer center, mailroom, and play area. Other amenities will include a pool, barbeque and picnic pavilion, and a dog run. After-school programs and educational classes will also be offered on-site.
Both Luminaira and Espaira will offer two- and three-bedroom floor plans ranging in size from approximately 809 to 1,129 sf. Each unit will come equipped with a gourmet kitchen with an Energy Star refrigerator and dishwasher, solid-surface countertops, hardwood plank-style flooring, ceiling fans, large closets, nine-foot ceilings, some paid utilities, and private outdoor space. A one-car garage is also included with each unit.
Espaira. Photo courtesy of KTGY Architecture + Planning.
The modern design focuses on simple, clean lines and an efficient structure and utilizes a neutral color palette. Luminaira was developed by FivePoint Holdings, LLC, Related California, and Riverside Charitable Corporation. Espaira was developed by FivePoint, Related, and ETHIC Housing Trust (El Toro Housing Initiative Collaboration).
Related Stories
Multifamily Housing | Mar 22, 2021
Waldorf Astoria Miami will become the tallest tower south of Manhattan
The supertall tower will include a hotel and residences.
Multifamily Housing | Mar 18, 2021
Mixed-use residence for UCLA medical students completes
Lorcan O’Herlihy Architects designed the project.
Multifamily Housing | Mar 15, 2021
First phase of Presidium Waterford breaks ground in Austin, Texas
O’Brien Architects and Dwell Design Studio are designing the project.
Luxury Residential | Mar 10, 2021
Luxury multifamily development opens at the front door of Charlotte’s South End neighborhood
Broadstone Queen City recently opened its doors to its first residents.
Multifamily Housing | Mar 10, 2021
9 smart connectivity systems for multifamily housing communities
Smart connectivity systems are starting to become a must-have amenity in multifamily properties—and not just for upscale urban rentals.
Multifamily Housing | Mar 9, 2021
Investor demand for multifamily real estate remains relatively strong despite COVID-19
Despite a disruptive pandemic, investor demand for multifamily real estate was strong in 2020, according to a newly released Yardi Matrix Bulletin. Around 252,000 apartment units were absorbed last year. That’s about 1.7% of total market stock and down 12% from the 286,300 apartments purchased in 2019.
Multifamily Housing | Mar 7, 2021
Deadline extended for Cover Photo of the next issue of MULTIFAMILY Design+Construction
Request from Editori of Multifamily Design+Construction for photos showing project amenities, for next issue of the magazine.
Multifamily Housing | Mar 7, 2021
New Olympia i3 kitchen faucet: geometric lines, minimalist style
Announcing the new Olympia i3 single handle pull-down kitchen faucet for today's modern kitchen.
Market Data | Feb 24, 2021
2021 won’t be a growth year for construction spending, says latest JLL forecast
Predicts second-half improvement toward normalization next year.
Multifamily Housing | Feb 23, 2021
Rising costs push developers to consider modular construction
The mainstreaming of modular construction offers a cost-effective and creative solution to develop new types of urban developments.