flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

First two affordable family apartment communities open in Irvine’s master planned Great Park Neighborhoods community

Multifamily Housing

First two affordable family apartment communities open in Irvine’s master planned Great Park Neighborhoods community

The buildings offer a total of 166 apartments.


By David Malone, Associate Editor | October 30, 2017
Luminaira affordable apartment housing

Luminaira. Photo courtesy of KTGY Architecture + Planning

The master planned community of Great Park Neighborhoods received its first two affordable family apartment communities for low-income families on Oct. 27.

The Luminaira at Parasol Park and The Espaira at Parasol Park, both designed by KTGY Architecture + Planning, will provide a total of 166 affordable apartments and a 4,000-sf leasing and social services center. The leasing and social services center will include a kitchen, media lounge, computer center, mailroom, and play area. Other amenities will include a pool, barbeque and picnic pavilion, and a dog run. After-school programs and educational classes will also be offered on-site.

Both Luminaira and Espaira will offer two- and three-bedroom floor plans ranging in size from approximately 809 to 1,129 sf. Each unit will come equipped with a gourmet kitchen with an Energy Star refrigerator and dishwasher, solid-surface countertops, hardwood plank-style flooring, ceiling fans, large closets, nine-foot ceilings, some paid utilities, and private outdoor space. A one-car garage is also included with each unit.

 

EspairaEspaira. Photo courtesy of KTGY Architecture + Planning.

 

The modern design focuses on simple, clean lines and an efficient structure and utilizes a neutral color palette. Luminaira was developed by FivePoint Holdings, LLC, Related California, and Riverside Charitable Corporation. Espaira was developed by FivePoint, Related, and ETHIC Housing Trust (El Toro Housing Initiative Collaboration).

Related Stories

MFPRO+ News | Nov 15, 2023

Average U.S multifamily rents drop $3 to $1,718 in October 2023: Yardi Matrix

Multifamily fundamentals continued to soften and impact rents last month, according to the latest Yardi Matrix National Multifamily Report. The average U.S. asking rent dropped $3 to $1,718 in October, with year-over-year growth moderating to 0.4%, down 40 basis points from September. Occupancy slid to 94.9%, marking the first decline in four months.

Industrial Facilities | Nov 14, 2023

Some AEC firms are plugging into EV charging market

Decentralized electrical distribution is broadening recharger installation to several building types.

MFPRO+ Special Reports | Nov 14, 2023

Register today! Key trends in the multifamily housing market for 2024 - BD+C Live Webinar

Join the BD+C and Multifamily Pro+ editorial team for this live webinar on key trends and innovations in the $110 billion U.S. multifamily housing market. A trio of multifamily design and construction experts will present their latest projects, trends, innovations, and data/research on the three primary multifamily sub-sectors: rental housing, senior living, and student housing. 

Multifamily Housing | Nov 9, 2023

Multifamily project completions forecast to slow starting 2026

Yardi Matrix has released its Q4 2023 Multifamily Supply Forecast, emphasizing a short-term spike and plateau of new construction.

MFPRO+ News | Nov 1, 2023

Washington, D.C., Queens, N.Y., lead nation in number of new apartments by zip code

A study of new apartment construction by zip code showed Washington D.C., and the Queens borough of New York City are the hottest multifamily markets since 2018, according to RentCafe.

Adaptive Reuse | Nov 1, 2023

Biden Administration reveals plan to spur more office-to-residential conversions

The Biden Administration recently announced plans to encourage more office buildings to be converted to residential use. The plan includes using federal money to lend to developers for conversion projects and selling government property that is suitable for conversions. 

Sponsored | MFPRO+ Course | Oct 30, 2023

For the Multifamily Sector, Product Innovations Boost Design and Construction Success

This course covers emerging trends in exterior design and products/systems selection in the low- and mid-rise market-rate and luxury multifamily rental market. Topics include facade design, cladding material trends, fenestration trends/innovations, indoor/outdoor connection, and rooftop spaces.

MFPRO+ Special Reports | Oct 27, 2023

Download the 2023 Multifamily Annual Report

Welcome to Building Design+Construction and Multifamily Pro+’s first Multifamily Annual Report. This 76-page special report is our first-ever “state of the state” update on the $110 billion multifamily housing construction sector.

Mass Timber | Oct 27, 2023

Five winners selected for $2 million Mass Timber Competition

Five winners were selected to share a $2 million prize in the 2023 Mass Timber Competition: Building to Net-Zero Carbon. The competition was co-sponsored by the Softwood Lumber Board and USDA Forest Service (USDA) with the intent “to demonstrate mass timber’s applications in architectural design and highlight its significant role in reducing the carbon footprint of the built environment.”

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021