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June 15, 2024
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MULTIFAMILY NEWS
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The Landmark Company Acquires Just Under Five Acres in Upland for Development

5/31/23

The Landmark Company purchased 4.84 acres of land at 1400 E. Arrow Hwy in Upland for $6.5 mil in an all-cash transaction. The company plans to build a single-family residential development on the land, in partnership with Century Communities.

The neighborhood, called Rose Glen, will feature 64 two-story single family detached homes with two-car attached garages for an overall density of 13.2 dwelling units per acre. The homes will average 1.5k sf in size and will feature a Spanish Colonial and Santa Barbara architectural style.

Additional neighborhood features will include open space to accommodate play areas, picnic tables, fitness stations and barbeque areas. Grading is projected to start in July with the first Rose Glen homes being available in the 2nd quarter of 2024.

The property is also just a short distance from Downtown Upland which is undergoing a revitalization and features a variety of shops and restaurants with several new eateries opening this year. Additionally, the Downtown Upland Metrolink train station provides residents easy travel options between San Bernardino and Los Angeles.

Paul Galmarini and Chris Lindholm with Progressive Real Estate Partners represented both the Inland Empire based private-party seller and The Landmark Company in the transaction.





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