Multifamily Mavens
GLJ Partners president Garth Erdossy and development associate Jason Ballow tell us that, last month, they began leasing The Paseos at North Montclair; the first move-ins at the 385-unit Santa Barbara Revival-style community are slated for later this month. This is the type of transit-oriented project, they say, that the multifamily company loves to do. The train station for the Metro Gold line, which starting in 2014 will run all the way to Downtown LA, is a couple yards from the property.
The Paseos is the first project under the North Montclair Transit Village Specific Plan developed by Moule & Polyzoides. It's also one of three projects being wrapped up under the GLJ platform; the company merged last year with Trammell Crow Residential, and new projects are under the TCR banner, ncluding the 168-unit Domain under construction in West Hollywood. (Here's what The Paseos would look like if Paul Gauguin moved in next door.)
