Business & Tech
Construction of Trendy La Verne Village is Underway
La Verne Village, a 172-unit mixed-use residential and retail community that is expected would bring more revenue into the La Verne is expected to be completed early next year.
Construction on a 172-unit mixed-use residential and retail community that is expected would bring more revenue into the La Verne is underway, according to the KTGY Group, Inc., Architecture + Planning which is handling the project.
The $43 million, 15,000 square-foot La Verne Village project will integrate retail shopping and dining into a location that was once home to a car dealership, 2855 Foothill Boulevard, east of Fruit Street, and south of the 210 Freeway.
The project’s architects described the look of the village as “contemporary craftsman architecture.” Plans call for tuck-under garages and full upgraded appliance packages including a washer/dryer in each residence.
“La Verne Village will include a mix of one-, two-and three-bedroom apartment homes ranging in size from 670 - 1,198 sq. ft. The apartment homes will be energy- and water-efficient and will include gourmet kitchens with stainless steel appliances and European-style cabinetry,” KTGY Group, Inc. officials wrote in a news release.
La Verne Village will include alternative transportation amenities such as bicycle storage facilities and electric vehicle charging stations, they added.
“La Verne Village represents a collaborative effort with the local community and is text book infill, repositioning a blighted former auto dealership into the sophisticated mixed-use community this submarket is demanding," Scott Felix, vice president of Hutton Companies through a written statement. His company is developing the project. "In a village-center atmosphere, we are creating 172 luxury apartment homes positioned above and around the retail village."
“The design challenge was quite exciting,” said KTGY’s David Obitz, principal and the lead designer of the project. “We had to take into consideration the density and accessibility challenges for an on-grade parking solution with topography changes of +/-20 feet front to back of the site. The result is a vibrant, fully-integrated mixed-use environment that addresses the pent-up demand for high quality housing and provides an array of retail services and dining opportunities along the Foothill corridor, and has further escalated the caliber and number of residential options and amenities in the community.”
President Fred Encinas is the lead leasing agent for La Verne Village's retail component. Commercial space is currently pre-leasing for 2014, according to Loopnet.com.
Residential pre-leasing is expected to begin in the fourth quarter of 2013, and the first apartment homes should be available in the first quarter of 2014. Anyone interested in more information can visit The Hutton Companies website.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.
