NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Irvine Company Apartment Communities announced today the opening of Avella Apartment Homes, a new rental community in northeast Irvine’s Cypress Village.
The public is invited to tour the new rental homes for the first time Saturday, March 14, at a grand opening event from 10 a.m. to 4 p.m. Those who tour will be eligible to win prizes that include two $250 gift cards for Pelican Hill Resort, a $500 gift card to Fashion Island, Irvine Spectrum Center and The Marketplace, an iPad and more.
Avella’s opening provides more evidence that the local economy is poised for a dynamic 2015. A recent Chapman University report projected an explosion of new jobs in Orange County in 2015 – after years when new housing hasn’t kept pace with population growth.
At 485 new homes, Avella offers a resort-like lifestyle, expansive amenities, shopping, nearby hiking and biking trails, new schools and a price range to fit any budget. It is also the company’s first community to open 100-percent smoke and vapor free.
“Avella will be an attractive option for renters who want to live in close proximity to hundreds of thousands of jobs in Irvine Spectrum, the world-class shopping and dining experience at Irvine Spectrum Center and the Great Park,” said Dave Brackett, Senior Vice President, Irvine Company Apartment Communities. “Residents will enjoy the opportunity to live in a brand new apartment and recognize the value this amenity-rich lifestyle choice affords.”
The new community is centrally located near the I-5 (Santa Ana), I-405 (San Diego) and 133 (Laguna Canyon Road) freeways. Located on Sand Canyon Avenue, just north of the I-5 Freeway, Avella is walking distance from two award-winning schools and two shopping centers: Cypress Village Shopping Center, which includes an Albertsons, Kohl’s and Starbucks and Woodbury Town Center, which includes a Home Depot and LA Fitness.
It is also across the street from the Orange County Great Park. Residents can stroll over a pedestrian bridge to enjoy the Great Park’s weekly farmers market, regular community events and expansive sports facilities. They can also enjoy guided hikes in nearby Round Canyon or go for a leisurely walk along the Jeffrey Open Space Trial.
Avella is also minutes away from the Irvine Spectrum, home to an exciting array of shopping, dining and entertainment options, as well as 3,500 companies and 80,000 jobs.
The first move-ins are expected in April. Monthly rents start at $1,750.
The homes range from one-bedroom, one-bathroom homes at 554 square feet to expansive two-bedroom townhomes offering 1,222 square feet of living space.
Inspired by timeless Early California Architecture, Avella is rich in amenities, including:
- A gigantic 50-foot by 90-foot salt-water pool with spa
- An extensive deck area with four cabanas and two trellis shade structures
- A second pool with nearby sports-themed outdoor clubhouse, which includes a pool table, banquette, poker table, four flat-screen TVs and a full kitchen
- Tot lot for 2-5 year-olds to play
- Four outdoor barbecues
- An “iLounge” with TV, workstations and hangout area
“We are excited to provide renters in Irvine with another outstanding option,” said Brackett. “Our goal at the Irvine Company is to provide outstanding housing options for people at every income level and stage of career and life. Rental housing is an important part of that mix.”
More than 100 people have already signed up for Avella’s interest list. Sign up now for special deals. For more, please visit https://www.irvinecompanyapartments.com/communities/avella/ or call Irvine Apartment Communities at (866) 371-1063.
About Irvine Company Apartment Communities
Irvine Company Apartment Communities owns and operates approximately 125 apartment communities in Orange, Los Angeles and San Diego Counties, as well as Silicon Valley, California. It is also the exclusive builder of new multi-family rental projects in its master-planned communities on The Irvine Ranch.
About the Irvine Company
Founded in 1864, the Irvine Company is an internationally renowned real estate development company known for its award-winning master-planned communities, its vast portfolio of high-quality investment properties, and its leadership in conservation and natural resource management. The growing real estate portfolio encompasses office, apartment, retail and resort holdings located throughout California’s premier markets, including assets in San Diego, Orange and Los Angeles counties, and holdings in Northern California. As a steward of some of America’s most beautiful and scientifically important open space and parklands, the company has donated to Orange County more than half of the historic 93,000-acre Irvine Ranch in Orange County—50,000 acres—to permanently preserve these lands. The U.S. Department of Interior and the State of California have designated these parklands as “Natural Landmarks,” one of the most prestigious land preservation designations. The privately held, diversified company traces its roots to the 1860s with the formation of The Irvine Ranch® from Mexican and Spanish land grants.