(450 residential / 9K SF of commercial retail)
by Realm Development
Magnolia Flats is a 19 acre site in the heart of Ward 7 of the City of Riverside’s shopping district, which is anchored by the Tyler Galleria. This redevelopment opportunity consist of cleaning up two old uses, a gas station and laundry, which further added to the complicated entitlement package. This project is Realm Developments second multi-family in the city, but first mixed-use. Due to the location of this site, there was high quality public transportation and shopping adjacent so this project will front 9,000 square feet of retail / restaurant onto Magnolia Avenue.