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TruAmerica Breaks Ground on 154-Unit Santa Clarita Townhome Project

TruAmerica Breaks Ground on 154-Unit Santa Clarita Townhome Project

Santa Clarita, CaliforniaSource: Bisnow
DealsMarkets

TruAmerica Multifamily has broken ground on River Walk Townhomes, a 154-unit residential project at 18300 Soledad Canyon Road in Santa Clarita. The project is the firm's first ground-up development.

The site will include 144 two-story, three-bedroom townhomes and 10 affordable apartments, along with roughly 8,500 square feet of retail space. The article cites a Los Angeles Times analysis of census data that ranks Santa Clarita as the fastest-growing city in the county over the past twenty years.

TruAmerica expects the first units to open in spring 2028, with full completion the following fall.

The item appeared in Bisnow's Los Angeles Deal Sheet, which also covered brokerage hires, sales and leases across Southern California. Those other items are outside the scope of this story.

Practical implication: Developers and lenders tracking Santa Clarita should note a project that pairs townhome product and affordable units with ground-floor retail, a mix that combines residential and neighborhood commercial space on one site.

Topics

affordable-apartmentslos-angelesmultifamily-developmentriver-walk-townhomessanta-claritasoledad-canyon-roadtownhomestruamerica-multifamily

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