After 15 years in development, the Groves in Whittier has hit the market. The 75-acre master planned community has 561 for-sale homes and 189 apartment units along with retail space, but most notably, the community brings attainability to the Greater Los Angeles area at a time when demand is soaring for affordable homeownership.

"It's a balancing act. As a developer, we thoughtfully plan to provide housing to a range of price points, and to household sizes," Caitlyn Lai Valenti, senior director, of sales and marketing at Brookfield Residential, tells GlobeSt.com. "More attainable attached homes are mixed with single-family detached homes. This approach has been successful in all our Southern California markets. The New Haven masterplan in Ontario, for example, has been a national leader in sales of attached residences to millennials, side-by-side with larger single-family homes for move-ups. And Lantana@Beach in Stanton, also developed with Frontier Real Estate Investments as retail partner, has had over 165 sales in the past nine months, on a path to sell out its entire 208 for-sale residences by late 2020 or early 2021. Townhomes here start from the $400,000s to the high $600,000s and appeal to a community eager for new homes."

The project began as a redevelopment of a former school with a vision of bringing homes that would support the community. "The Groves in Whittier is the result of an effort to transform a historic but long-unused former state school into a viable masterplan and help revitalize the site and enhance the surrounding community," says Valenti. "It is one of the largest remaining opportunities for development in Los Angeles County. The development team—Brookfield Residential and Lennar, along with Frontier Real Estate Investments—worked closely with community and city leaders to ensure the creation of a phenomenal addition to the area."

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.