IE Business Daily Business news for the Inland Empire.
Construction has started on the second and third phases of a residential-commercial development in Moreno Valley.
When finished, phase two and three of Continental Villages will feature 96 apartments and 16 two-story units in duplex buildings, according a statement on the city’s website.
Those phases, which are being developed at 16340 Lasselle St., will also have more than 21,000 square feet of retail and a recreation building that covers nearly 4,000 square feet.
The developer is Continental East Development in Murrieta.
A groundbreaking ceremony was held July 13 attended by Mayor Yxstian Gutierrez, council members Ulises Cabrera and David Marquez and the president and co-founder of Continental East Development, Al Rattan.
“Al Rattan and Continental East Development have been great partners and have created incredible projects that have transformed Moreno Valley,” Gutierrez said in the statement. “I am excited to see this project create more opportunities for families to dine, shop, work, and establish roots in Moreno Valley.”
Continental Villages’ first phase, a 125-unit apartment complex called Arrive at Rancho Belago, was fully occupied within months of its opening, according to the statement.
Do these Apts. include any space for
Seniors on limited incomes? Such as
Srs. using HUD vouchers? I used to live in Mo.Val. years ago, then came back in 2018,
and shared an apt. with my granddaughter.
We moved to Hemet in 2019, but she is getting married and I can’t afford hi rents
on my S.S. Would appreciate an answer
to my inquiry.
Sincerely
Mary Stoops
Just what we need, more section 8