RAAM Construction Breaks Ground on $33 Million Affordable Multifamily Housing Development in Palmdale, CA

Rendering  of planned Juniper Grove 
affordable multifamily housing development
in Palmdale, CA

 Palmdale, CA – RAAM Construction, a general building construction firm specializing in multifamily and historic preservation projects throughout California, has broken ground on the construction of an affordable multifamily housing development in Palmdale, California.

 The 123,410 square-foot property, Juniper Grove, will consist of 101 apartment units in a three-story wood-frame building in Palmdale, a low-income area where budget-friendly housing for families is scarce, according to Richard Lara, President and CEO of RAAM Construction.

 Richard Lara

 

Juniper Grove is expected to be completed in June 2022. The development is located at 150 East Avenue R in Palmdale, CA.

 “The need for affordable multifamily housing continues to grow significantly, especially now due to the COVID-19 pandemic,” says Lara.

  “This demand for affordable housing is extremely prevalent in Palmdale, as occupied housing units currently sit at 92.4 percent. Juniper Grove will greatly serve the local community by providing families with brand-new, beautifully designed residential units that fit within their budgets.”

 RAAM is working closely with Meta Housing Corporation, a developer of affordable housing communities for families and seniors, to deliver the new residences for qualified low-income families in the Palmdale market. 

 Valued at $33,342,717, the project is being developed with the help of a construction loan from the City of Palmdale, Pacific Western Bank and the Los Angeles County Development Authority.

 “This new affordable housing project is demonstrative of our continued commitment, along with our long-time partner Meta Housing, to provide budget-friendly housing in regions throughout California where it is needed most,” says Lara.

 “RAAM has a long history of working with development partners that are committed to delivering high-quality affordable housing in areas of need.”

 Lara continues: When construction is completed, Juniper Grove will contain 49 one-bedroom apartments, 27 two-bedroom apartments and 25 three-bedroom apartments that are fully furnished.

 The three-story wood frame building will be built to LEED standards and will have solar panels. The development will also include common-area amenities such as a community room, office area and an art studio, which will be occupied by a full-time art staff offering art lessons.

The development is situated in close proximity to the Antelope Valley Freeway, which offers access to the border of the city of Santa Clarita to the north and the Los Angeles neighborhoods of Granada Hills and Sylmar to the south.

 Additionally, the development is located near restaurants including In-N-Out Burger, McDonalds and Jack-in-the-Box; two schools including Palm Tree Elementary School and Yucca Elementary School.

 CONTACTS:

Katie Haga / Alex Caswell
Brower Group  
(949) 438-6262 
khaga@brower-group.com 

http://www.raamconstruction.com/