Designed by KTGY Group Inc. Architecture and Planning, theproject was funded via a variety of sources: a $14.75 millionconstruction loan and $3 million in permanent financing from USBank; tax credit equity of $15.67 million from Union Bank; $5million in gap financing from long-term ground lessor the IrvineCo.; a $300,000 Community Development Block Grant loan and a$275,000 HOME loan, both from the City of Irvine.


The Arbor at Woodbury features 18 one-bedroom, 43 two-bedroomand 29 three-bedroom garden-style apartments. Each of theproperty's six buildings is designed around a central courtyard toencourage interaction among residents. All units include centralheating and air, Internet and cable access, granite counter tops,master bedroom walk-in closets, fluorescent lighting throughout,low-flow showers, dual-flush toilets and outdoor balconies ordecks.


KTGY principal and designer David Obitz notes that the projectis a transit-oriented development with neighborhood parks andshopping centers, medical services, churches, schools and collegesall within walking distance. As part of its focus onsustainability, Jamboree provides free van service to residentsduring commuter hours from the Arbor at Woodbury to the IrvineTransportation Center.


Obitz also notes that the new apartment complex integratesaffordable housing into a master-planned community and one ofIrvine's newest villages, Woodbury. The master plan for thesquare-mile development in eastern Irvine includes single-familydetached homes, townhomes, condominiums and apartments. It isdesigned as districts of homes with 16 neighborhood squares,gardens and a park situated around a 30-acre central gatheringplace called "The Commons," that includes athletic fields, aplayground, a recreation center and swimming pools.

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