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|City of Anaheim to Celebrate Grand Opening of Elm Street Commons Affordable Housing Development|
ANAHEIM, CA - (February 20, 2009) - The City of Anaheim will celebrate the grand opening of Elm Street Commons, the newest affordable housing development available in the City for very low and low income families, on Feb. 24 at 11:30 a.m., at 111 W. Elm Street. Anaheim Mayor Curt Pringle will have the honor of cutting the ceremonial red ribbon.
"Elm Street Commons will provide additional quality housing and community amenities for Anaheim’s residents. Any family in Anaheim should have the opportunity to live and prosper in their surroundings," said Mayor Pringle.
Elm Street Commons, a 52-unit apartment development, is located on the corner of Elm Street and Anaheim Boulevard in the downtown area. The project has landscaped walkways and plazas, and also includes a community center, leasing office, private balconies, tot lot, subterranean parking, and housing for on-site management. Elm Street Commons is close to major transportation, parks, schools, a hospital, grocery store, public library, the MUZEO, and other retail outlets.
The completion of Elm Street Commons adds to the recent developments in and around the Downtown area. In the past few years, developments by the CIM Group, John Laing Homes, and Brookfield Homes have added to the residential fabric of Anaheim’s Downtown. Elm Street Commons also brings the number of affordable housing units built in Anaheim to 500 since December, 2007. More than 1,000 additional affordable units are in the process of being developed throughout the City.
This development was a joint effort among developers SADI, LLC (Squier and Advanced Development Investments) and the Anaheim Housing Authority/City of Anaheim. The architect who designed the "Spanish" style architecture is Withee Malcolm Architects, LLP. Pacific Housing Diversified served as the contractor, and public/private investors include Hanmi Bank, Red Capital Markets, Inc., California Community Reinvestment Corporation, the City of Anaheim and the Anaheim Housing Authority.
Media Contact: Ruth Ruiz 714.765.5060more city news
ABOUT ANAHEIM – The City of Anaheim, founded in 1857, is one of the nation's premier municipalities and is one of California's most populous cities. Anaheim covers 50 square miles with more than 346,000 residents and more than 2,950 City employees. The municipal corporation's annual budget is $1.6 billion. Anaheim supports a thriving business community with companies such as Carl Karcher Enterprises, Inc., L-3 Communications, Pacific Sunwear, and Disneyland Resort. Successful sports franchises call Anaheim home, including Angels Baseball, Anaheim Ducks, the U.S. Men's National Volleyball Team, and the 2012 Olympic Games Silver Medal winning U.S. Women's National Volleyball Team. Anaheim also boasts world-class meeting and entertainment venues with the Anaheim Convention Center, LEED-certified and the largest on the west coast, Honda Center, City National Grove of Anaheim, Anaheim GardenWalk, and Angel Stadium of Anaheim. In addition, Anaheim embraces its vibrant cultural arts community, including the world-renowned Anaheim Ballet. Annually, Anaheim welcomes millions of visitors to the city, truly making it where the world comes to live, work and play. For more information, please visit www.anaheim.net.
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