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SEASONS at Ontario Gateway Plaza
 
Site:
•   Ontario, CA an older suburban city of 145,886
•   18+ acre Shopping Center opened in 1959
•   By 1995 had 30% occupancy
•   Designated Redevelopment Area
Commercial Tenants Following Completion:
•   153,000 square feet of retail shopping space
•   Albertson’s
•   RiteAid
•   Bank of America
•   Wells Fargo Bank
•   Mail Boxes, Etc.
•   Martinello’s School of Beauty
•   Neighborhood service providers such as bakery,
cleaners, restaurants
 
SEASONS at Ontario
  
The Addition of SEASONS Housing:
•   Creation of 80 units of new low-income senior housing with
“Gateway” to renovated shopping center
•   Safe, convenient shopping and services for seniors
•   Central clubhouse for community activities
•   Garden-style units with patio or balcony
•   Wide range of social and supportive services
Product Mix: 80 Total Units
•   62 one bdrm units •   32 units at 50% AMI
•   18 two bdrm units •   47 units at 60% AMI
•   1 manager’s unit
•  
2007 Rents*: 1 bedroom - from $512
2 bedroom - from $611

*Rents subject to change

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