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These Are the Hurdles MF Builders Must Scale

ANAHEIM, CA—From scarcity of developable sites to securing the local labor market, today’s apartment developers need to check a lot of boxes before committing to a project, JPI’s Todd Bowden tells GlobeSt.com EXCLUSIVELY.

Bowden: “One of the greatest satisfactions we have is to contribute to local, micro economies.” Bowden: “One of the greatest satisfactions we have is to contribute to local, micro economies.”

ANAHEIM, CA—From scarcity of developable sites to securing the local labor market, today’s apartment developers need to check a lot of boxes before committing to a project, JPI’s SVP and development partner, Western region, Todd Bowden tells GlobeSt.com. As we recently reported, the Texas-based developer has acquired 17.6 acres in the prestigious Platinum Triangle here with plans for a $364-million residential development. JPI is working with the City of Anaheim to entitle a three-phase, 1,079-unit, mixed-use luxury apartment community (Jefferson Stadium Park) directly across the street from Angel Stadium of Anaheim on the southwest corner of State College Blvd. and Gene Autry Way. We spoke exclusively with Bowden about how the firm chooses development sites and the challenges apartment developers face today.

GlobeSt.com: How does JPI choose its apartment development sites?

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Carrie Rossenfeld

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

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