Property Description

? Prime 7.88 Acre Apartment Site ? Favorable Downtown Center (DC) Zoning Allows for No Limits on Density ? DC Zoning Establishes a Flexible Environment for Creative/Transformative Projects ? Close Proximity to Town Center at Moreno Valley - A Mixed Used Project With up to 800 Homes and 220,000 SF of Commercial Use, to Be Completed in 2025 ? City of Moreno Valley Job Creation Exceeding 30,000 Over the Past 10 Years ? Nearby World Logistics Center (WLC), a 40.6 Million Square Foot Project That Will Provide a $2 Billion Annual Economic Benefit to the City ? An Additional 20,000 New Jobs Coming From the Recently Approved WLC Project That Is Scheduled to Break Ground in Fall of 2023 ? Close Proximity to the Riverside University Health System Medical Center, a Hospital That Employs 6,000 Workers and Has an Economic Impact of $1.6 Billion ? Nearby the New Kaiser Medical Center Project, an Expansion Plan That Will Add 1,125,000 Square Feet of Medical Services and Create 4,000 New Jobs in the City

Property Features