City Ventures to Break Ground Tomorrow on Eginhouse, New Live/Work Townhome Project in Artesia

Builder transforming underutilized industrial site into high-demand residential community

ARTESIA, Calif.--(BUSINESS WIRE)--City Ventures, California’s leading builder of eco-forward, solar, all-electric homes is breaking ground tomorrow, Wednesday, April 3, 2024 on Eginhouse, a new live/work townhome redevelopment project in Artesia. Formerly an industrial site, the 4.2-acre property – located at the southwest corner of Arkansas Street and Pioneer Boulevard – will consist of 59 three-story townhomes, including 22 live/work units plus 4,544 square feet of ground-floor commercial space.

Eginhouse is part of Artesia’s continued renaissance, and is the only redevelopment project located in the northern end of town. “We’re thrilled to play a role in revitalizing this dynamic area of Artesia,” said Ryan Aeh, Executive Vice President of City Ventures. “This property is tucked away in a unique corner of town with many perks, including great schools and convenient access to freeways –– which will be a plus for both future residents and commercial tenants.”

The property’s unique name, with “Egin” derived from Basque roots that translates to “maker,” symbolizes the vision behind the development. “As a live/work community, Eginhouse aligns with the idea of a creative, entrepreneurial spirit. It’s a place of opportunity,” said Aeh.

In addition to its ideal location, Eginhouse is also situated within the renowned ABC Unified School District, and Cerritos College is nearby.

“Repurposing a once-blighted commercial area with sought after residential in a vibrant storefront lined street scene is a win-win for everyone,” said Natasha Zabaneh, President of City Ventures. “Together, we’re creating new possibilities for residents and tenants here in Artesia.”

City Ventures is looking forward to officially breaking ground on Eginhouse onsite with city officials, city staff, and other notable partners on the project tomorrow, April 3, 2024. For more information on the groundbreaking event, or on Eginhouse, email [e-mail] or visit www.cityventures.com.

About City Ventures

City Ventures, California’s leading homebuilder, is “Building It Forward” by repositioning underutilized real estate into residential housing in supply-constrained coastal urban infill areas and high-demand suburban locations. To date, the builder has constructed over 5,000 townhomes, condominiums, lofts, mixed-use, live-work, and single-family detached homes throughout Southern and Northern California. City Ventures was named 2023 Builder of the Year by Builder & Developer and is celebrating 15 years of homebuilding this year. Based in San Francisco and Irvine, City Ventures currently owns and controls over 8,000 lots in California. For more information, please visit www.cityventures.com/.