LATERRA DEVELOPMENT BREAKS GROUND ON TWO INFILL APARTMENT PROJECTS IN SANTA ANA AND CHULA VISTA
LOS ANGELES – LaTerra Development, a Los Angeles based real estate developer, has started construction on two infill apartment projects totaling 325 units in Santa Ana and Chula Vista. Each project was capitalized with institutional joint venture equity and construction financing.
LaTerra started construction this week at The Line at Santa Ana, a 3.9-acre, TOD mixed-use development containing 228 apartment units and 4,000 square feet of ground floor retail, located at 3630 W. Westminster Avenue in Santa Ana, the county seat of Orange County. “The Line is in a prime location at Harbor Boulevard and the 22 Freeway in the award winning Garden Grove school district and is directly adjacent to a future light rail line stop,” explained Charles Tourtellotte, President and CEO of LaTerra. Continue reading