New ROEM $27 Million Transit-Oriented, Sustainable Apartments Celebrate Grand Opening in Baldwin Park

Mixed-use 70-unit residential community for low-income families opens in Los Angeles County

BALDWIN PARK, Calif. – (RealEstateRama) — On Thursday, October 13, 2016, the City of Baldwin Park and ROEM Corporation celebrated the grand opening of Metro Village. Located at the northeast corner of Ramona Boulevard and Maine Avenue, Metro Village is a new construction, mixed-use, affordable multifamily apartment community on a 1.01-acre site. Metro Village offers one, two, and three-bedroom apartments affordable to families making 60 percent or less of the Los Angeles County Area Median Income and 5,500 square feet of commerce retail space.

This $27 million, 70-unit, four-story community intertwines contemporary architecture with a solid foundation that further enhances the downtown scene. In addition, the new public plaza at the transit-oriented Metro Village links Baldwin Park’s historic City Hall to retail and transit activities along Ramona Boulevard. With its close proximity to the Cruz Baca Transit Center station, Metro Village residents can choose between riding the transit with the transit passes provided to each unit at Metro Village or bike to the station or downtown retail. Resident amenities include a community room with an entertainment and lounge area, kitchenette, computer room, fitness room, laundry room, secure bike storage area, private patio space with a play area, and barbeque area.

Continuing its focus on its commitment to build green, ROEM integrated sustainable building methods and materials in the development of Metro Village. These include energy conservation features such as water and energy-efficient appliances and fixtures. To save water, Metro Village has also used only drought-tolerant plants, used no turf, and installed low-flow drip sprinklers and water-saving fixtures. High-efficiency lighting and Energy Star appliances ensure less energy is used property-wide. In addition, a solar PV system converts energy from the sun to fulfill residents’ energy needs thereby reducing the property’s dependence on energy. To increase the air quality, Metro Village applied low VOC paints and adhesives on the walls. With this focus on sustainability, Metro Village is pursuing USGBC LEED-H Gold certification.

Metro Village is receiving 9 percent Low-Income Housing Tax Credits and is made possible through the investment and lending support of AEGON and Citi Community Capital. ROEM and Pacific Housing, Inc. have partnered with Citi Community Capital, AEGON USA Realty Advisors, LLC, and the City of Baldwin Park for financial support on this project. This project also utilizes the U.S. HUD HOME Program funds and a loan from the City of Baldwin Park. The architect is Withee Malcolm Architects, LLP and the general contractor, ROEM Builders, Inc.

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ROEM Corporation

ROEM is dedicated to the creation of sustainable urban housing environments which are conveniently located, amenity rich, and satisfy diverse housing needs.

As an integrated team of real estate, construction, design, finance, and asset management professionals, we provide creative solutions to urban development challenges.

ROEM’s established construction division is seasoned in the construction of multifamily housing for new ROEM developments as well as third-party owners and developers throughout California since being founded, licensed and bonded in 1988.

Contact:
Phone: (408) 984-5600
Fax: (408) 984-3111

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