JPI to Build 480-Unit Resort-Style Apartment Community in Heart of Vista Canyon Development

SANTA CLARITA, CA - JPI, a national developer of first-class multifamily homes, will be building luxury apartments in the heart of Vista Canyon, a new transit-oriented community by JSB Development under construction in Santa Clarita, California. The 13.08-acre, 480-home resort-style development is the first multifamily complex in Vista Canyon's centralized town square and will feature floor plans in trendsetting studio, one, two and three-bedroom designs.

Vista Canyon is a 185-acre mixed-use, walkable community by master developer JSB Development. Santa Clarita is Los Angeles County's third largest city and one of the fastest growing markets in the state.

Transit-focused, pedestrian and cyclist friendly, Vista Canyon's innovative design integrates urban vitality and connectivity with sustainability and small-town charm. The community "reimagines the suburban experience" with a bustling, tree-lined main street known as Lincoln Place, dynamic work environments, ultra-accessible transit options including a transit center with Metrolink station, inviting gathering places, generous recreational amenities and abundant open space – all connected by 10 miles of pedestrian, bike and equestrian trails. The community will ultimately offer 1,100 homes – luxury apartments, townhomes and for-sale residences.

Residents of the apartment homes constructed by JPI will enjoy the energy, prestige and convenience of a city center address located just steps from shops, coffeehouses, cafes, corporate offices, entertainment and transit.

JPI's Western Region, based in San Diego, is developing multifamily communities in Arizona and California, including Jefferson Pacific Beach – a 172-unit luxury, mixed-use development adjacent to Mission Bay in San Diego, and Jefferson Stadium Park – a 1,079-unit luxury apartment community, which includes a 1.1-acre park, and 14,600 square feet of retail space, in Anaheim's Platinum Triangle.

"JPI brings a respected reputation for outstanding luxury apartment communities that deliver exceptional living experiences to residents," said James S. Backer, President of JSB Development. "We believe they are a great partner for us in Vista Canyon's first residential community and will set a very high standard for continued excellence in our future home neighborhoods."

"JPI has great confidence in the City of Santa Clarita, as demonstrated by the fact that this will be our second community development in the City," said Todd Bowden, Senior Vice President and Managing Development Partner/JPI Western Region. "Even more, JSB's vision in developing the Vista Canyon master plan fits perfectly with JPI's breadth of view for Jefferson Vista Canyon. We value the forward-thinking approach to building communities in and around major transit centers, in the case of Vista Canyon: the Metrolink. We are committed to seeking out partnerships that share our values, and endure the test of time."

Construction is expected to begin next summer. First residents are expected to move in by mid-2019.

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