Workforce-priced homes by Metro Housing Partners will open in March 2009
First new planned community in South Gate since 1990
LOS ANGELES, Aug. 21 /PRNewswire/ -- Golden Boy Partners, the real
estate development company formed by Oscar De La Hoya, boxing superstar and
founder of Golden Boy Enterprises, focuses on underserved, primarily
Latino, urban neighborhoods in Southern California. For the company's first
housing venture, Tierra del Rey, De La Hoya and his partner, Metro Housing,
turned to Withee Malcolm Architects, a design firm recognized for their
ability to bring high quality architecture to affordable housing.
Tierra del Rey will be comprised of 107 for-sale town homes on five
acres located at Firestone Boulevard and Calden Avenue in South Gate,
California, a city of approximately 100,000 residents located 12 miles
southeast of downtown Los Angeles. Designed for working families, the homes
will range from 1200 to 1600 square feet, and contain two and three
bedrooms with up to three and one-half baths.
The design of the town homes is well-suited to the target market of
first time buyers with young families. With two and three bedroom options
on three levels, the floor plans offer the possibility of an extra bedroom
or den on the first floor, a bonus space that could be used for a
grandparent in an extended family. Homes also provide comfortable living
spaces, with nine-foot ceilings, walk-in closets, and stylish kitchens.
Borrowing its architectural vocabulary from Mediterranean and Santa
Barbara styles, the development will feature stucco exteriors, tile roofs
and private balconies. The secure, gated community will offer extensive
landscaping and family amenities including two pocket parks with
playgrounds, barbecues and sun shelters. Many of the homes will offer views
of the downtown Los Angeles skyline.
"Our goal is to provide new housing for current residents of South
Gate, and to offer an opportunity for young people to purchase homes near
their families and become residents of the community where they grew up,"
says Larry Scott, President of Metro Housing Partners, the community's
developer. De La Hoya concurs, "Tierra del Rey realizes our vision for
urban redevelopment that supports the dreams and aspirations of the people
who live in underserved communities like South Gate."
Withee Malcolm, with numerous successful workforce housing projects in
their portfolio, shares the development team's belief in the power of
quality housing to help build strong communities. "We know that families
don't think of their homes as housing, and we don't think of our work as
projects, but as communities," says Dan Withee, firm principal. "That's why
we take the time to create the high quality, workforce housing."
"Budgets are more restrictive, but we add value with an inventive
design approach -- using common materials in uncommon ways, paying
attention to scale and detail," adds Dirk Thelen, Withee Malcolm's design
architect for the project. "We provide more than architecture; we create a
sense of possibility."
"Despite the substantial slowdown in the suburban housing markets, we
strongly believe there is a continued shortage of urban housing
alternatives for working families in Los Angeles and Orange Counties, and
we are focusing our initial efforts on developing housing for that
deserving demographic," pointed out Scott. "By providing housing for
working families, at the same time we will be revitalizing many of the
Southland's older, established urban communities."
The developers and their architects couldn't be more in synch as De La
Hoya concludes, "Golden Boy Partners is not just about real estate
development. It is about building communities and changing lives."
Withee Malcolm Architects serves clients in the residential and
commercial industrial markets throughout the West from offices in Los
Angeles and San Diego. For more information on the firm visit their website
at http://www.witheemalcolm.com
For additional information on the development:
http://www.tierradelreytownhomes.com or http://www.metrohousingpartners.com
Contact:
Nancy Egan
New Voodou
310.943.7194
egan@newvoodou.com
|
