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3/23/21
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Meta Housing Corporation has broken ground on a 101-unit affordable multifamily housing development in Palmdale. The 123.4k sf property, Juniper Grove, is being built by RAAM Construction.
Located at 150 East Avenue R will consist of a three-story wood-frame building.It will contain 49 one-bedroom apartments, 27 two-bedroom apartments and 25 three-bedroom apartments that are fully furnished. The project will be built to LEED standards and will have solar panels.
Juniper Grove will also include common area amenities such as a community room, office area and an art studio, which will be occupied by a full-time art staff offering art lessons. The multifamily property will also offer plenty of open spaces for a playground and visitors, as outdoor space has become increasingly important in the wake of the COVID-19 pandemic.
The development is situated in close proximity to the Antelope Valley Fwyy, which offers access to the border of the city of Santa Clarita to the north and the Los Angeles neighborhoods of Granada Hills and Sylmar to the south. Additionally, the project is located near restaurants including In-N-Out Burger, McDonalds and Jack-in-the-Box; two schools including Palm Tree Elementary School and Yucca Elementary School.
Valued at $33.3 mil, Juniper Grove is being developed with the help of a construction loan from the City of Palmdale, Pacific Western Bank and the Los Angeles County Development Authority. It is expected to be completed in June 2022.
“The need for affordable multifamily housing continues to grow significantly, especially now due to the COVID-19 pandemic,” says Richard Lara, President and CEO of RAAM Construction, speaking about Palmdale. “This demand for affordable housing is extremely prevalent in Palmdale, as occupied housing units currently sit at 92.4%. Juniper Grove will greatly serve the local community by providing families with brand-new, beautifully designed residential units that fit within their budgets.”
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