JPI, a national developer of multifamily homes, will be building luxury apartments at Vista Canyon, a project by JSB Development under construction in Santa Clarita.
The 13.08-acre, 480-home resort-style development is the first multifamily complex in Vista Canyon’s centralized town square and will feature floor plans in studio, one, two and three-bedroom designs.
Vista Canyon is a 185-acre mixed-use community with a concentration on being, transit-focused, pedestrian and cyclist friendly. The development will include a transit center with Metrolink station, recreational amenities and open space connected by 10 miles of pedestrian, bike and equestrian trails. The community will ultimately include 1,100 homes – luxury apartments, townhomes and for-sale residences as well as shops, coffeehouses, cafes, corporate offices and entertainment.
JPI’s Western Region, based in San Diego, is developing multifamily communities in Arizona and California, including Jefferson Pacific Beach – a 172-unit luxury, mixed-used development adjacent to Mission Bay in San Diego, and Jefferson Stadium Park – a 1,079-unit luxury apartment community, which includes a 1.1-acre park, and 14,600 square feet of retail space, in Anaheim’s Platinum Triangle.
“JPI brings a respected reputation for outstanding luxury apartment communities that deliver exceptional living experiences to residents,” said James S. Backer, President of JSB Development. “We believe they are a great partner for us in Vista Canyon’s first residential community and will set a very high standard for continued excellence in our future home neighborhoods,” Backer added.
Construction is expected to begin next summer. First residents are expected to move in by mid 2019.
Laurie Lustig-Bower, Craig Peters and Kamran Paydar of CBRE represented JSB Development and JPI in the sale of the property.