The building boom in Stanton seems likely to keep rolling along, as the city council on Tuesday night voted to consider a proposal for a major residential project from a local developer.
On a 5-0 vote, the council directed city staff to negotiate with the Brandywine Homes, National CORE and C&C Development group for possible development of affordable housing in the Tina-Pacific area of the city.
The neighborhood is located in the northeast part of Stanton at the intersection of Magnolia and Pacific avenues and covers 10.27 acres. It’s south of Cerritos Avenue and east of Dale Street.
Since the property is classified as surplus land, a portion of developed space must be priced at “affordable housing cost or affordable rent” to lower income households.
Brandywine is proposing to build 224 units, of which 108 will be “affordable” and 116 townhomes. It’s offering to pay $17,500,000 for the land.
Passed over was a proposal from VOA-LA to build a 208-unit affordable housing project, but which offered $14,000,000 for the land.
Brandywine’s proposal – called Magnolia Crossing – would include one- to three-story units and a park, pool, clubhouse, “tot lot” and other “outdoor amenities.”
The firm has been active in Central Orange County for decades with “infill” housing for a largely built-out area.