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Paragon at Old Town

Client:
Cornerstone Real Estate Advisors L.L.C.

Location:
Monrovia, CA

Use:
Mixed-Use Apartments

Facts:
• Units - 163 DU
• Site - 3.01 AC
• Density - 54 DU/AC
• Plans - 744-1,247 SF
• Retail - 2,000 SF
• Commercial/Flex Space - 4,000 SF

Awards:
2011 Gold Nugget Awards
• MF Housing 4-6 Stories (Merit)
• Infill Redevelopment or Rehab Site
Plan - up to 5 AC (Merit)

Description:

Paragon at Old Town is a 4-story mixed-use, urban apartment community that sits at the south end of the Monrovia’s historic Old Town district on Myrtle Avenue. The new development consists of 163 luxurious one-and two-bedroom apartment homes built over 6,000 square feet of commercial space situated on the ground floor. The units range from 744-1,247 square feet. A 4-story attached parking garage occupies the south east corner of the site and contains approximately 75 public parking spaces and 330 resident spaces.

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