A four-acre south located immediately south of the Gold Line's Monrovia Station could yield a multifamily residential complex, according to an announcement from the Monrovia City Manager.
Richman Group, a Connecticut-based real estate developer, has announced plans for Station Square South, a 296-unit apartment complex at the northeast corner of Magnolia Avenue and Duarte Road. A handful of small commercial buildings would give way for the collection of five-story structures.
Station Square South will follow MODA, a similar multifamily residential development now wrapping up construction on the opposite side of the Gold Line station.
Richman Group, which bills itself as America's 7th largest rental apartment owner, is also building a 127-unit development with ground-floor retail space near Metro's North Hollywood Station.
- Azusa/Monrovia/Duarte/Irwindale (Urbanize LA)