An Orange County real estate development firm is planning a mixed-use project near the Gold Line’s Monrovia Station.
The Arroyo at Monrovia Station, which would rise from a city block bounded by Magnolia, Pomona, Evergreen, and Primrose Avenues, replacing two commercial buildings and a row of single-family homes. There, Laguna Beach-based MW Investment Group proposes a five-story building featuring 284 studio, one-, and two-bedroom apartments – ranging between 611 and 1,500 square feet in size – with 7,590 square feet of ground-floor retail and flex space, wrapped around a 500-car parking structure.
The wrap-type project, which is being designed by Architects Orange and MJS Landscape Architecture, would incorporate residential amenities such as a pool, a gym, a sky terrace, a club room, and courtyards. Additionally, plans for the low-rise structure to enclose a new public park, which would be located at the northwest corner of the property, with access points from both Evergreen and Pomona avenues.
Moving forward, The Arroyo will require several entitlements, including a zoning amendment and a new specific plan. An environmental impact report will also be conducted for the project.
Since opening with the Gold Line’s Foothill Extension in 2016, Monrovia Station has succeeded in spurring a handful of new developments. A trio of developers recently completed a 261-unit apartment building called MODA just across the street from the Arroyo, and the Richman Group has since obtained approvals to build 296 apartments immediately north of the station.
On the west side of Magnolia Avenue, Trammell Crow Residential has also filed plans a five-story, 436-unit development on a nearly seven-acre property, but has not yet received entitlements.
Source: Urbanize LA