5151 E Arrow Highway

We are pleased to present the Montclair MixedUse Residential Development Opportunity a premier 5975acre infill site located at the southeast corner of Arrow Highway and Fremont Avenue in Montclair California Situated within the North Montclair Downtown Specific Plan the property offers a rare opportunity to develop a largescale transitoriented residential community in one of the Inland Empires most forwardlooking urban districts Its designation as both a High Resource Area and a Difficult Development Area DDA provides meaningful advantages for affordable or mixedincome housing through enhanced federal tax credit basis adjustments and statelevel incentivesPropertyThe proposed plan envisions a twophase community integrating multifamily apartments and forsale townhomes to meet diverse housing needs The 176acre northern parcel is planned for a fivestory building with 142 to 180 rental units 80102 units per acre while the 268acre southern parcel is designed for 59 townhomes at 22 units per acre complemented by a 037acre public park at Fremont and Olive Together they form a cohesive mixeddensity neighborhood that aligns with the Citys longterm downtown vision Development would likely include a Specific Plan Amendment allowing cumulative density across parcels and refinements to internal street and shopfront layoutsLocationCentrally positioned within Montclairs Downtown Focus Area the site enjoys outstanding access to major employment centers and transit It is within one mile of the Montclair TransCenter serving Metrolink Omnitrans and the upcoming Gold Line L Line extension providing seamless connectivity from the Inland Empire to Pasadena and Downtown Los Angeles The location also offers immediate access to I10 Central Avenue and Arrow HighwayServing as a major catalyst for the areas revitalization CIM Groups 200million transformation of Montclair Place is redefining the citys retail core into a vibrant mixeduse destination with 209000 square feet of new retail dining and entertainment including the 130000squarefoot Montclair Theater and Main Events 51800squarefoot family venue This largescale eatertainment hub anchored by venues such as The Canyon Lazy Dog and Pier 88 has become a powerful driver of residential demand and rent growthWith its prime infill location transit access and strong publicprivate investment synergy the Montclair development site represents a rare opportunity to deliver a transformative housing community within one of Southern Californias most dynamic growth corridors