December 15, 2017 Comments Off on Shopoff, Argosy 550-Unit MF Wins Anaheim Blessing Views: 2191 California News, Orange County

Shopoff, Argosy 550-Unit MF Wins Anaheim Blessing

Irvine, CA-based Shopoff Realty Investments and Argosy Real Estate Partners received approval from Anaheim’s Planning Commission on East South Street, a proposed 546-unit residential project at 901 E. South St. The planned development involves demolishing an industrial site that Shopoff and Argosy acquired earlier this year.

Shopoff Realty Investments’ William Shopoff says, “This project serves as an opportunity for our firm to develop high quality residential housing in a growing submarket in Southern California. The pent-up demand for multifamily product in the area positions the asset for long-term growth.”

Situated on 20.56 acres, the project will include 314 apartment units, 160 attached, for-sale single-family homes and 72 detached, for-sale single-family homes. Located in the Anaheim Colony area, the community will feature such amenities as multiple swimming pools, a spa and clubhouse, a fitness center, dog run, barbeque areas, roof top decks and private balconies, as well as patios.

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