Ground breaking ceremony in Downey, CA for 39 townhomes on what was an unused 1.65 acre parking lot. Local city officials and builder in attendance.
Florence Homes broke ground last week in Downey, CA in a project utilizing Los Angeles’ progressive Small Lot Ordinance to help fulfill the demand for housing in the supply constrained California market. The 39 townhomes will provide quality housing on a formally underutilized parcel in the heart of Downey that had been a parking lot for more than 50 years.
Studies have shown that the key to future sustainable housing supply will be projects located within 3 miles of public transit. This project has two metro stations within three miles.
Downey 39’s ground breaking is an example of a local developer and city officials working together to turn an underutilized parcel into much needed housing for the residents of Downey. By working together on urban infill projects, housing can be more efficiently supplied while at the same time ensuring sustainability and stimulating the local economy.