Cityview and Stockbridge have topped out construction on Apollo, a 265-unit community at 12888 Crenshaw Boulevard in Gardena, California.
“Apollo is bringing more than 250 units of much-needed housing to one of the fastest growing areas in Los Angeles County,” said Sean Burton, CEO of Cityview. “We are thrilled to top out on the project and are looking forward to delivering the South Bay’s newest multifamily development next year.”
The project is located in a high-growth area of Los Angeles’ South Bay near major tech, automotive and aerospace employers, including SpaceX, the Tesla Design Center and Ring. It’s within five miles of more than 260,000 jobs, two blocks from the Metro Green Line and close to Los Angeles International Airport, SoFi Stadium, dining and entertainment offerings and some of Southern California’s most popular beaches.
Founded in 2003, Cityview is a premier investment management and development firm dedicated to redefining urban living. Focused on developing multifamily and mixed-use projects in high-growth markets, Cityview connects the comforts of home with the energy of city life. Cityview investments have generated more than $4 billion in urban investment across more than 100 projects to date.
Stockbridge is a real estate investment management firm headquartered in San Francisco, California with offices in Atlanta and Chicago. The firm’s portfolio is comprised of assets across the risk spectrum, spanning all major property types throughout the United States. As of March 31, 2020, the firm’s total assets under management were $16.4 billion and the firm manages approximately 51 million square feet and 8,120 multifamily units.
