First MF Project in 40 Years Breaks Ground

CERRITOS, CA—Privately held real estate investment firm the Picerne Group has broken ground on Aria, a class-A, 198-unit apartment community at Bloomfield Ave. and Artesia Blvd. here. The development, which is expected to be completed in the fourth quarter of 2015 with preleasing to begin mid-2015, is the first new multifamily project to be built in Cerritos in more than 40 years. Anticipated construction costs were not disclosed to GlobeSt.com.

Set to be located across the street from the Cerritos Towne Center, an open-air community center that offers shopping, dining and entertainment, the community was designed by Architects Orange. It will be a four-story wrap building with studios, one- and two-bedroom units, and the top-floor penthouses will have loft space. Designed to appeal to young professionals and families, Aria will feature amenities that include a deck with a junior Olympic swimming pool and spa, poolside cabanas and seating areas; an outdoor fireplace; a state-of-the-art fitness center with fitness on demand; and a lounge with a catering-style kitchen, gaming tables, billiards and a business center.