IE Business Daily Business news for the Inland Empire.
Adelanto has broken ground on a 22-unit housing tract.
Oasis 22 will be developed at Raccoon and Kemper avenues by LNL Investment Group, an LLC based in Irvine, according to a statement on the city’s website.
The project was approved in four months.
“We are excited to celebrate this achievement, a result of the teamwork between the city and our development partners,” said Councilman Daniel Ramos in the statement. “This project is an example of what we can accomplish when the public and private sectors unite to enhance our community.”
Oasis 22 will offer a variety of floor plans starting at $439,000.
City Manager Jesse Flores stated, “Due to the large number of well-paying industrial jobs attracted into the City by this pro-growth, pro-business administration, we have seen the construction of over 700 single-family homes in the City.”
An opening date for Oasis 22 was not disclosed.
The median value of an owner-occupied housing unit in Adelanto between 2019 and 2023, the most recent data available, was $318,300, according to the U.S. Census Bureau.
