The project, located at the intersection of Anaheim Boulevard and Walnut Avenue, will consist of a five-story building featuring 88 one-, two-, and three-bedroom dwellings. Plans also call for 22,700 square feet of ground-floor commercial space, most of which would be occupied by a medical clinic. A three-story, 156-car garage is slated for the back of the property.
SVA Architects is designing the Anaheim and Walnut development, which is depicted in renderings as a contemporary low-rise apartment complex. Architectural plans show on-site amenities such as a rooftop deck, a central courtyard, and recreation rooms.
According to February 2021 application for tax-exempt bonds, the estimated budget for the project is $53 million. Proposed rents from range from $379 to $1,678 per month. Per a news release from general contractord R.D. Olson Construction, the apartments will be reserved for formerly homeless seniors and low-income famillies earning between 30 and 60 percent of the area median income level.