The 298-unit apartment community will feature a wide range of amenities designed to appeal to young professionals and families in the Inland Empire
ONTARIO, Calif. – Aug. 12, 2013 – The Picerne Group, a privately held real estate investment firm based in Southern California, recently announced plans for a Class A, 298-unit apartment community at East 4th Street and Haven Avenue, a highly desirable location with easy access to employment, transportation, recreation and entertainment options.
The community, to be built on 11.29 acres of currently vacant land, is less than three miles from the Los Angeles/Ontario International Airport, the Ontario Mills® outlet mall with 200+ stores and Citizens Business Bank Arena, the largest and most modern sports venue in the Inland Empire. It also offers convenient access to two main transportation arteries of San Bernardino County, Interstates 10 and 15.
Construction is expected to begin in early 2014, and the units will be ready for lease by the first quarter of 2015.
With a wide range of amenities, the community will appeal to young professionals and families who can take advantage of the top-rated schools in the Cucamonga School District. The location is a gateway to all the recreational and cultural opportunities Southern California has to offer – mountains, deserts, beaches and theme parks – including the Arnold Palmer-designed Empire Lakes Golf Course.
The project will consist of one-, two- and three-bedroom units in 15 three-story buildings. The community will feature a resort-style pool and spa with barbecue and fire pit areas, a clubhouse with media and game components, state-of-the-art fitness center and Wi-Fi throughout common areas.
Plans call for ample parking options with 576 spaces including garage, open stalls and carports. Lush landscaped paseos will wind through the property and shaded areas will provide dining and seating. The new home interiors will feature fully equipped gourmet kitchens, designer cabinetry and fixtures, granite countertops, and in home washers and dryers.
The architect, Architects Orange, is one of Southern California’s most respected and sought-after architectural and planning firms.
About The Picerne Group
The Picerne Group (TPG) is a privately held, Southern California-based real estate investment firm that focuses on real estate investments nationwide, as well as best-in-class asset management. TPG has successfully invested more than $1 billion in real estate equity and debt, diversifying investments across a variety of property types and geographies in the United States. The firm’s executive committee members combined have decades of experience in managing complex portfolios of residential and commercial real estate, joint ventures and loans. Additional information is available at www.picernegroup.com.
