Platinum Triangle development plan reignited as 400-unit luxury apartment complex breaks ground near Angel Stadium
ANAHEIM – Construction begins Thursday on a 400-unit luxury apartment complex near Angel Stadium, the second project to mark a revival of Anaheim’s stalled Platinum Triangle residential and commercial development.
Known as Jefferson Platinum Triangle, the $119 million complex will feature club rooms, pools, outdoor kitchens, gyms, a media room, a wine bar and a dog park near Katella Avenue and State College Boulevard, according to developer JPI/TDI Companies.
Monthly rents will range from $1,815 for a 590-square-foot studio apartment up to $2,749 for a 1,377-square-foot, three-bedroom unit.
JPI/TDI Companies purchased the 7.6-acre plot of land for $24million from BEX Portfolio in December.
“The community will offer unparalleled amenities to its residents,” Heidi Mather, a senior vice-president for JPI, said in a written statement.
The 820-acre Platinum Triangle development plan was approved in 2004 to include a mix of shops, offices, eateries and condominiums. While some of those projects were built, the recession brought much of the ambitious plan to a halt….Read More