Hutton Companies’ $30M Community Nears Completion
Hutton Companies announced that The Paseos at Magnolia Luxury Apartment Community, a $30 million community in Riverside, Calif., is near completion.
Riverside, Calif.—Hutton Companies announced that The Paseos at Magnolia Luxury Apartment Community, a $30 million community in Riverside, Calif., is near completion. The community will feature 11 buildings with 168 units and a resident recreation and leasing building. Western National Property Management will be the property manager for the community.
“The Paseos at Magnolia represents the best of Southern Califonia’s new rental housing options within an established sub-market and is the only brand-new, luxury apartment community in Riverside that is nearing completion,” Scott Felix, executive vice president, Hutton Companies, tells MHN.
The community, which was designed by KTGY Group Inc., will include one-, two- and three-bedroom units with six different floor plan options. The apartments will feature 9-foot ceilings, gourmet kitchens, granite countertops, custom vertical blinds, a ceiling fan, walk-in closets, full-size washers and dryers and patios or balconies. Additionally, residents will have access to a private garage.
The Paseos at Magnolia will also feature green features such as Energy Star appliances, energy-efficient lighting, dual-pane windows and high-efficiency central heating and air conditioning. Additionally, the community has a recycling program and a low-flow irrigation system.
Amenities include a swimming pool and spa with private cabanas, fitness center, clubhouse with full kitchen, a theater, outdoor barbecue and picnic area, a children’s play area and a pet park.
The first residents will move in to The Paseos at Magnolia in July 2013. The construction is expected to be completed in the fall of 2013.