Sustainable builder to transform blighted industrial site into elegant density
ARTESIA, Calif.–(BUSINESS WIRE)–City officials, City staff, and other notable partners joined City Ventures on April 3, 2024 to celebrate the official groundbreaking of Eginhouse, a new live/work townhome redevelopment project in Artesia. Event attendees included the following individuals from Artesia’s City Council: Mayor Tony Lima, Mayor Pro Tem Ali Sajjad Taj, Councilmember Monica Manalo, Councilmember Rene J. Trevino, and Councilmember Melissa Ramoso.
Redevelopment is occurring throughout the City of Artesia to meet the evolving needs of residents and businesses. Currently, Eginhouse is the only project located in the northern end of town – an untapped, unique pocket within the boundaries of Artesia’s renowned ABC Unified School District in a convenient location near parks, shopping, restaurants, and freeways. Cerritos College is also within easy reach from the property.
“Underutilized commercial properties often suffer from deferred maintenance and visible decline,” said Ryan Aeh, Executive Vice President of City Ventures. “Eginhouse will enhance a once blighted space, transforming it from an eyesore into exciting opportunities for Artesia residents and businesses.”
Eginhouse, a 2.65-acre property located at the southwest corner of Arkansas Street and Pioneer Boulevard, is being built by California builder City Ventures. Long recognized for its trademark eco-friendly, solar, all-electric homes, City Ventures received City approval in 2022 to redevelop the underutilized commercial site into a collection of 59 three-story townhomes, including 22 live/work units plus 4,544 square feet of ground-floor commercial space.
“We are extremely optimistic about this exciting redevelopment project,” said Tony Lima, Mayor of Artesia. “The City desires a diverse mix of housing types and high maintenance standards to help preserve real estate values and high quality of life. Eginhouse is a prime example of the type of addition that will benefit our entire community for now and for the long run.”
Construction for Eginhouse is now underway, with pre-sales starting this month, and an estimated Grand Opening date of September 2024. To join the interest list or for more information, visit CityVenturesEginhouse.com. To contact sales directly about Eginhouse, call (949) 258-7555 or email eginhouse@cityventures.com.
About City Ventures
City Ventures, California’s leading homebuilder, is “Building It Forward” by repositioning underutilized real estate into residential housing in supply-constrained coastal urban infill areas and high-demand suburban locations. To date, the builder has constructed over 5,000 townhomes, condominiums, lofts, mixed-use, live-work, and single-family detached homes throughout Southern and Northern California. City Ventures was named 2023 Builder of the Year by Builder & Developer and is celebrating 15 years of homebuilding this year. Based in San Francisco and Irvine, City Ventures currently owns and controls over 8,000 lots in California. For more information, please visit www.cityventures.com/.
Contacts
Gretchen Fuog / Kovach Marketing
Gretchen@KovachMarketing.com
