Intracorp Announces Ground Breaking of New Amplifi Apartments in Downtown Fullerton
FULLERTON, Calif., February 13, 2019 (Newswire.com) - Ground breaking has begun on Amplifi, a new, luxury 290 unit cutting edge designed apartment project in downtown Fullerton, located at 600 West Commonwealth. The project is being developed by Intracorp SW LLC. Grosvenor Americas provided financing through its Structured Development Finance program, which invests in apartment, condominium, townhome and mixed-use developments, with a focus on vibrant, well-connected locations. Intracorp’s Division President, Brad Perozzi, announced that construction is underway for a vibrant, new urban living experience within walking distance of historic downtown Fullerton. Amplifi will offer residents a lifestyle rooted in iconic culture with modern day luxurious amenities and transit-oriented design. Conveniently located near the 91, 5 & 57 Freeways and within blocks of Fullerton’s Train Station, Amplifi will be an ideal place to call home for Los Angeles and local Orange County commuters searching for an alternative to traditional apartment living. Pre-leasing is anticipated to begin in 1st Quarter 2020.
Amplifi’s residences showcase studio, one, two- and three-bedroom plans with modern kitchens featuring stainless steel appliances, quartz countertops and designer selected finishes. Designed by award-winning architects, TCA, they exhibit the best in forward-thinking design that challenges the status quo. Their vision stemmed from the idea of locomotion. Being close to Fullerton’s train station, TCA wanted to incorporate aspects of motion throughout the project. Framed elements along Commonwealth, much like box cars, stagger in a playful fashion along the facade, and angle to point toward downtown. Davis Ink, a leading Southern California hospitality interior design firm best known for their uniquely memorable spaces created a playful, elevated yet accessible environment with unexpected moments throughout.
Upon completion, residents can explore over 8,000 square feet of dynamic amenities with curated sophistication, including a luxurious pool with private cabanas, outdoor fireplaces with intimate seating areas, outdoor dining and barbecues, co-working/business center, coffee bar, clubhouse with chef-inspired kitchen, social lounge, state-of-the-art fitness center, rooftop viewing decks, dog park and spa, secure parcel receiving areas, and ground floor retail opportunities. Amplifi is walkable to over 100 unique shops, eclectic restaurants and bars, art galleries and services in downtown Fullerton.
When it comes to education, Amplifi makes the grade. The project is located within 3 miles of 4 Colleges and Universities, including Fullerton College, Cal State Fullerton, Marshall B. Ketchum University and Hope International University. Fullerton School District is home to 11 California Distinguished Schools, five Golden Bell Award Winners, Four National Blue-Ribbon Schools, three Title One High Achieving Schools and two Apple Distinguished schools.
Developing communities in five urban regions in North America, Intracorp has established itself as a real estate developer that delivers extraordinary experiences to homeowners. As one of North America’s largest developers of multi-family homes, Intracorp has delivered more than twenty-two thousand homes in 176 communities. The company grew out of founder Joe Houssian’s first business venture, Intrawest, which was founded in 1976. It began as an urban residential real estate business and transformed into an internationally renowned resort and real estate development company credited with the success of several preeminent ski resorts such as Whistler Blackcomb. Intracorp currently develops outstanding communities in British Columbia, Ontario, Washington State and California. Intracorphomes.com
About Grosvenor Americas
Grosvenor Americas is an active developer, investor and co-investor across Canada and the USA. Our strategy is to invest in vibrant urban locations where we can add value and address some of the challenges that face our markets, including housing supply. Our active development pipeline includes 875 California Street in San Francisco and The Pacific in downtown Vancouver, as well as the second phase of Grosvenor Ambleside in West Vancouver. Our Structured Development Finance program invests in apartment, condominium, townhome and mixed-use developments across our active markets, with a focus on vibrant, well-connected locations and our Investment program adds value to residential, retail and commercial assets in walkable places. Grosvenor Americas is part of the Grosvenor Group, one of the world’s largest privately-owned property companies which develops, manages and invests in property in more than 60 cities around the world. As at December 31, 2017, Grosvenor Americas had assets under management of US$3.8bn. www.grosvenor.com
Categories: Real Estate