Fairfield Delivers Mixed-Use Community in SoCal
It's the first new rental property to be built in this city in many years.
Fairfield has completed construction of West Village Poway, a 212-unit luxury apartment community in Poway, Calif. It is the first new rental multifamily property to be built in the city in several decades.
Located on 6.6 acres at 12849 Poway Road, West Village Poway has a mix of studios, one-, two- and three-bedroom units ranging in size from 643 square feet to 1,448 square feet. Rents start at $2,680.
The five-building, mixed-use property was designed by AO and features 10,000 square feet of restaurant and retail space, as well as a public plaza. Three buildings are fully residential; two have are four stories tall and other other is three stories. The other two buildings are three-story mixed-use assets with two-bedroom apartments above the retail spaces.
Leasing is underway for both the residential and commercial spaces. “There are several groups looking at our commercial availability, but no tenants signed as of yet,” a Fairfield spokesperson told Multi-Housing News.
The development implements the vision for the Town Center District created by the Poway Road Corridor Specific Plan and brings needed new rental housing to the city as well as the commercial offerings and the public plaza.
Apartment, Community Amenities
Community amenities at West Village Poway include a pool and spa, fitness center, community room with meeting and remote workspaces, outdoor cooking and dining areas, a game area with bocce ball and cornhole, a dog park and a children’s play area. The property also has EV charging stations, package lockers and a pet wash.
READ ALSO: Outdoor Amenities Are in With Renters
West Village Poway’s units have two design packages, but all have keyless entry, programmable thermostats, ceiling fans, stainless steel appliances, washers and dryers, as well as interiors with tile backsplashes, quartz countertops and wood-style plank flooring. Select units have kitchen islands and pantries, separate dining areas, built-in bookshelves and private patios with French doors. Some private garages are available at the community.
Fairfield’s Growth
As a developer, Fairfield has an ongoing pipeline of new construction projects in locations including Southern California, Texas, Massachusetts, North Carolina and Colorado. The San Diego-based company owns approximately 45,000 units across the country and has regional offices in Atlanta, Boston, Dallas, Denver and Washington, D.C.
In addition to West Village Poway, Fairfield recently delivered Jayden Apartments, a 180-unit community in Peabody, Mass., and the final 218-unit construction phase of The Braydon Apartments, a Napa, Calif., property with 500 apartments.
Last year, Fairfield acquired 24 multifamily properties valued at $1.8 billion, including affordable and market-rate apartment communities. The company plans to continue its acquisition strategy this year. In late March, the company acquired Ironwood Crossing Apartments and Townhomes, a 280-unit affordable housing community in Fort Worth, Texas, in an off-market transition.
In March 2024, Fairfield sold Sylar Grand, a 170-unit luxury community in Portland, Ore., to The CONAM Group through its CONAM Strategic Investments Fund IV LP. The property, which was completed in 2022, changed hands for $34 million, according to public records.
Several months earlier, Fairfield sold The Perch PDX, a 141-unit luxury multifamily property in North Portland to Green Leaf Capital Partners. The asset was purchased for $31 million, according to Yardi Matrix data.
