LuxView to develop first new multi-housing development in Redlands in more than 30 years

LuxView Properties has plans to construct Venue at Orange, a 328-unit, wood-frame, garden-style multi-housing community in Redlands, Calif.

Recently, JLL Capital Markets arranged $93 million in preferred equity and construction financing for the development.

Venue at Orange will be the first new multi-housing development in Redlands in more than 30 years. Situated on 21.84 acres in Redlands, the project represents one of the largest multi-housing development sites, and no additional entitled sites are designated for multi-housing in the Redlands Market. Redlands is a growing community in San Bernardino County that is part of California’s Inland Empire just east of Los Angeles County. This area has a strong local employment outlook, and the project is minutes from a forthcoming ESRI station for the Redlands Passenger Rail project, an advanced regional-transportation project designed to connect residents, businesses and visitors to local and regional demand drivers.