On a 2.3-acre parcel next to the El Monte Bus Station, concrete and rebar are now rising for a mixed-use development known as The Paseo at the Gateway

The project, which is being developed by Grapevine Advisors, will consist of a four-story building on a featuring 208 market-rate apartments and 25,000 square feet of ground-floor retail space.  Plans call for a mix of studio, one-, and two-bedroom apartments - each of which will come with a stainless steel appliance package and in-unit washer-dryer sets.

SVA Architects is designing the project, which will sit atop two levels of parking - one of which will be located underground - and feature a podium-level amenity deck.  Wide sidewalks will wrap around the low-rise structure, creating space for outdoor dining and seating.  The project will also connect to a nearby bike trail along the path of the Rio Hondo.

The Paseo is budgeted at approximately $99 million.

The project is the second phase of a 60-acre planned development to the north of the El Monte Bus Station, which rises on the former El Monte city yard.  Construction is already complete for a 132-unit affordable apartment building on an adjacent parcel.

Construction of the Paseo at he Gateway
Rendering of the Paseo at the Gateway via SVA Architects
The Paseo at Gateway site. Image via Google Maps.