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Amcal Multi-Housing, Inc. Starts Construction On Veterans Park In Pomona – A New Affordable Apartment Community For Veterans

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January 7, 2020 — Agoura Hills, CA — AMCAL Multi-Housing, Inc. announced today that it has closed financing and has started construction on Veterans Park Apartments — a high-quality affordable apartment community being developed in Pomona for veterans.

Veterans Park Apartments is an affordable multi-family apartment complex with modern amenities that will consist of 61 apartments ranging in size from 600 to 1,100 square feet located at 444 W. Commercial Street. Veterans Park will include 25 one-bedroom apartments with one bath, 15 two-bedroom apartments with two baths, and 20 three-bedroom apartments with two baths. One apartment will be reserved as an unrestricted manager’s unit.

Veterans Park Apartments was awarded $1.8 million in annual federal tax credits by the California Tax Credit Allocation Committee.

Rents will range from $545 a month for a one-bedroom apartment to $1,519 for a three-bedroom apartment, which are affordable for households earning between 30 and 60 percent of area median income. The community will welcome veterans with Housing Choice Vouchers (HCV) issued from the HUD-Veterans Affairs Supportive Housing (HUD-VASH) program.

A special feature of Veterans Park will be the delivery of on-site social services for resident veterans designed around their unique needs. Veterans will be able to access a range of transformative assistance including how to transition into civilian life and how to navigate the sometimes complicated Veterans Affairs system. Services will be delivered in the community’s specially designed, 1,052 square foot Veterans Center. Additionally, the on-site service coordinator, Rancho Cucamonga-based Hope through Housing Foundation, will provide veterans with information about services available at the service center and in the community, and will also organize community-building activities for residents.

Children living with veterans at the community will enjoy a new 1,725 square foot children’s center, where they can also take advantage services such as tutoring, mentoring, homework help, art, educational games, after-school programs and recreational activities.

The property will also feature other public spaces including 267 square feet of conference and counseling space on the second level, and a 1,072 common room in a first-level Community Room.

Designed by award-winning architect WHA, Veterans Park is being constructed as a single Type V over Type I building, with architectural design elements drawing from surrounding mission architecture and the nearby historic Pomona train depot. The 1.27-acre site is located two blocks

(less than 1 mile) from the Pomona Transit Center, a major hub with the regional transit authority. The community is being designed to LEED Silver standards and will be located within walking distance of Pomona’s Arts District and lively downtown area.

The building is also being designed with a large open courtyard to provide play and social spaces for families to enjoy. All apartment styles offer contemporary living arrangements with balconies that open out to the courtyard and neighborhood streets. Each apartment will feature personal storage space, and modern kitchens and bathrooms. All kitchens will have garbage disposals, dishwashers, and energy-efficient appliances.

“Veterans Park has been many years in the planning stages and promises to be a sanctuary for veterans who have heroically served their country and deserve an affordable place to call home,” said Percy Vaz, AMCAL’s CEO. “We appreciate the City of Pomona and the Pomona Housing Authority for their support of this beautiful project. When completed, Veterans Park will proudly serve 60 military veterans and their families. We are thrilled that the project has broken ground, and are looking forward to the project’s completion in 2021.”

Veterans Park is AMCAL’s third apartment community in Pomona. AMCAL previously completed two communities for seniors in Pomona — Serenity Villas in 2002 and Portofino in 2005.

 

AMCAL Multi-Housing, Inc.

AMCAL is a leading developer of multi-family rental housing known for its commitment to outstanding design, quality construction, and green building that has led to multiple awards for its projects. Founded in 1978, the AMCAL group of companies is one of the nation’s leading

housing development companies, developing quality rental residential properties throughout California, Texas and Washington including affordable housing, luxury apartment housing and student housing. AMCAL has developed more than $1.5 billion in multifamily housing projects consisting of more than 7,000 units. AMCAL is known for delivering projects on time and on budget, and generally builds with its own in-house construction company. For more information, visit: https://www.amcalhousing.com.

The Inland Empire Business Journal (IEBJ) is the official business news publication of Southern California’s Inland Empire region - covering San Bernardino & Riverside Counties.

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By Press Release

Stater Bros. Charities and Reyes Coca-Cola Bottling Give Back to Military Families

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Stater Bros. Charities, the philanthropic arm of Stater Bros. Markets, partnered with Reyes Coca-Cola Bottling again this year for their Give Back program during National Military Appreciation Month. The program ran for the entire month of May, during which Reyes Coca-Cola Bottling committed to donating $0.25 per eligible product purchased to the Bob Hope USO. Reyes Coca-Cola Bottling donated $15,000, and Stater Bros. Charities matched their donation for a total contribution of $30,000.

A check presentation occurred during a K-EARTH 101 radiothon benefiting the Bob Hope USO. The radiothon took place at the Bob Hope USO at LAX (Los Angeles International Airport) on June 29, 2023, where Stater Bros. Charities and Reyes Coca-Cola Bottling presented Bob Hope USO with a $30,000 check.

Bob Hope USO’s mission is to strengthen America’s military service members by keeping them connected to family, home and country, throughout their service to the nation. The Give Back program is a unique opportunity to show gratitude and support to the brave men and women who risk their lives for our freedoms and to care for their families while they are away from home on deployment.

“Stater Bros. Markets has a long history of supporting veterans, service members, and their families,” said Danielle Oehlman, Director, Stater Bros. Charities. “We are so pleased to partner with our friends at Reyes Coca-Cola Bottling and the USO to give back to those who have given so much for us.”

Lorin Stewart, President, USO West Region, said, “We are deeply grateful to Stater Bros. Charities and Reyes Coca-Cola Bottling for being sustaining partners of the USO. The Give Back program embodies the essence of the USO mission by enabling the community at large to come together to support and give thanks to our armed forces and their brave military families in an impactful way.”

Funds will support the Bob Hope USO and USO San Diego Center operations, including programs and services that strengthen the social, mental, physical, and emotional well-being of local military service members, their families, and their communities.

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BDK Logistics Intelligence Fully Leases 114,190 SF Industrial Facility in Corona, CA

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Cushman & Wakefield represents landlord in lease in SoCal’s Inland Empire

Cushman & Wakefield announced that BDK Logistics Intelligence, Inc. has signed a lease for an entire 114,190-square-foot industrial facility at 1161 Olympic Drive in Corona, California. Situated in Southern California’s renowned Inland Empire, the building is owned by Monterey Rancho Mirage, LLC, which was represented by Brett Lockwood and Rick Ellison of Cushman & Wakefield in the transaction.

“We are pleased to welcome BDK to the property as a quality industrial tenant that is expanding its presence in the market, which it also currently occupies multiple warehouse facilities,” said Director Brett Lockwood. “Our client was instrumental in helping this deal transact as there were many variables that needed to be navigated which led to this lease coming together quickly and successfully.”

1161 Olympic Drive is a quality freestanding building situated on ±4.8 acres and features 20 dock high loading doors. The property is conveniently located off Interstate 15 near the confluence of SR 91 and is proximate to the extensive freeway network traversing the entire Greater Los Angeles region and into other major markets in and out of state.

According to Cushman & Wakefield’s latest Q2-2023 quarterly report, the Inland Empire industrial market posted an overall vacancy of 3.4% and has recorded more than 2.7 million square feet of positive net absorption through the first half of 2023.

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Hernandez resigns as County CEO; Snoke will continue filling in pending Board action

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Leonard X. Hernandez resigned from the post of County Chief Executive Officer effective today. County Chief Operating Officer Luther Snoke has been filling in for Hernandez while Hernandez has been on leave and will continue to do so. The Board of Supervisors will act to appoint an interim or permanent CEO shortly.

“The Board of Supervisors appreciates the service Leonard provided to the public and the County organization, especially as we navigated our way through the pandemic and other very difficult challenges,” said Board of Supervisors Chair Dawn Rowe.

Hernandez provided the following statement:

“It has been an extreme privilege to serve as the Chief Executive Officer of San Bernardino County. I am thankful to the Board of Supervisors for their leadership and the hard-working men and women who do amazing work every day. Due to an urgent family health issue that requires my immediate and undivided attention, I have informed the Board of my resignation. Under the strong leadership of the Board of Supervisors and the County’s executive team, the County will continue doing great things for the residents of San Bernardino County.”

“The Board of Supervisors is committed to a seamless transition in staff leadership with no interruption in County services or impact on County residents or employees,” Rowe said. “Luther has performed well filling in for Leonard and I am confident in his ability to continue serving in this role until the Board takes action.”

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