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Continental Partners has announced $8.4 million in construction financing for a multifamily residential development in Westlake.

The proposed development, slated for two parcels at 218-224 S. Occidental Boulevard, calls for the construction of a six-story, 47-unit apartment complex with underground parking.  The project site is currently improved with two 1940s residential buildings, totaling 16 units.  Both would be demolished to allow construction to proceed.

A timeline for the development has not been announced.

The new apartments would be located a short distance north of Lafayette Recreation Center, where a slew of mixed-use developments are currently planned or underway.  Most notably, a 31-story apartment tower could rise directly across the street from the park.

Image via Continental Partners
Image via Google Maps

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New Small Lot Homes Completed in Eagle Rock

Sales prices start in the $800,000s.
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Warmington Residential has completed construction of The E.R.B., a mixed-use development in Eagle Rock.

Located at the intersection of Eagle Rock and York Boulevards, the project features 45 small lot houses - seven of which feature street-fronting commercial space.  The shopkeeper units satisfy a zoning requirement for Eagle Rock Boulevard that mandates ground-floor retail space, ac