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11/22/21
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Begonia Real Estate Development broke ground on a 58.3k sf, mixed-use multifamily project in the San Gabriel Valley. The $36.8 mil development is being built by C.W. Driver Companies.
Located at 5570 Rosemead Blvd in Temple City, the four-story podium structure will feature 74 market-rate apartments, 11k sf of commercial space and a subterranean parking garage. The project, located within five miles of The Huntington, the Los Angeles County Arboretum and Westfield Santa Anita, is expected to be completed in June 2023.
The project will offer a unit mix of one-bedroom, two-bedroom and three-bedroom options with floorplans ranging from 732 sf to 1.3k sf. Built to condo-level specifications, all units will feature oversized balconies with built-in firepits and barbecues. The top floor will include 24 penthouse suites with most including private rooftop decks offering views of the San Gabriel Mountains. Three live-work units on the first floor will provide storefronts or walk-in offices with loft space above.
Future residents of the complex will have access to a two-story fitness studio open 24/7, a community room, a business center with flex seating and a private conference room, and a podium-level courtyard with fire pits, water features and barbecues. Each level will have a “Zen retreat” for apartment dwellers needing a quiet, private space. Pet friendly, the community will feature several spaces for residents and pets to stretch their legs outdoors. A partially enclosed garage that extends into a one-level basement will include 180 parking stalls for both residents and visitors and include private storage.
According to Jeff Canfield, project executive at C.W. Driver Companies, the firm is looking to build more residential product to keep up with California’s heightened demand. C.W. Driver is working with Creative Design Associate on this latest project.
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