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RAAM Construction Breaks Ground On $33.3M Affordable Housing Development in Palmdale
As mentioned in the Antelope Valley Times, March 22, 2021, RAAM Construction has broken ground on the construction of an affordable multifamily housing development in Palmdale. The 123,410 square-foot property, Juniper Grove, will consist of 101 apartment units in a three-story wood-frame building, according to Richard Lara, President and CEO of RAAM Construction. RAAM is working closely with Meta Housing Corporation to deliver the new residences for qualified low-income families in the Palmdale market. Valued at $33,342,717, the project is being developed with the help of a construction loan from the City of Palmdale, Pacific Western Bank and the Los Angeles County Development Authority. When construction is completed, Juniper Grove will contain 49 one-bedroom apartments, 27 two-bedroom apartments and 25 three-bedroom apartments that are fully furnished. The development will include common-area amenities such as a community room, office area and an art studio, which will be occupied by a full-time art staff offering art lessons. The multifamily property will also offer plenty of open spaces for a playground and visitors. Juniper Grove is expected to be completed in June 2022 and is located at 150 East Avenue R in Palmdale.