The City Council will loan developer American Senior Living $1.8 million to build Arcadia Heritage Park, , an affordable housing 54-unit apartment complex for low-income senior citizens.
American Senior Living broke ground yesterday on the 54-unit Heritage Park, an affordable senior citizen housing project at 150 Las Tunas Drive. Rent for one-bedroom units is $484, and for doubles, the rent is $708.
With senior citizen housing in short supply, the city redevelopment agency has tentatively endorsed construction of a 54-unit project. The location of the project is at 150 W. Las Tunas Drive, the site presently known as Marketowne Center. The complex, which will be called Heritage Park, was proposed by the developer American Senior Living.