Jamboree to Break Ground on Its First Development in Fullerton, CA

JAMBOREE TO BREAK GROUND ON ITS FIRST DEVELOPMENT IN FULLERTON, CA
Newest affordable housing development continues City’s 10-year plan to eliminate blight and overcrowding

Jamboree to Break Ground on Its First Development in Fullerton, CAJamboree to Break Ground on Its First Development in Fullerton, CA

WHO: Jamboree Housing Corporation, a leading nonprofit housing developer in CA and City of Fullerton

WHAT: Compass Rose Groundbreaking, Interview and Photo Opportunities

Participants

  • City of Fullerton: Mayor Doug Chaffee and City Council
  • Union Bank: Perica Bell Director, Southern California Market Manager-Community Development Finance
  • Habit for Humanity Orange County of Orange County: Sharon Ellis, President & CEO
  • CSUF Center for Healthy Neighborhoods: Dr. C. Jessie Jones, Center Director
  • Humphreys & Partners Architects and Advent Companies: Jamboree’s design and construction partners
  • The John Stewart Company: Jamboree’s onsite property management partner

WHEN: Tuesday, May 1, 2018 3:30 to 5p

WHERE: Compass Rose, 404 West Valencia Drive, Fullerton, CA 92832

WHY/HOW: Situated near the heart of downtown Fullerton, Compass Rose will provide 46 affordable one-, two- and three-bedroom apartments for working families in the Richman Park neighborhood. Jamboree is partnering with the City of Fullerton in its 10-year plan to eliminate blight and overcrowding, as well as bringing much needed affordable housing to this neighborhood. Along with the former Fullerton Redevelopment Agency, the city has invested more than $22.7 million to purchase more than 30 properties and some have already been developed as affordable for-sale homes. Compass Rose will provide the affordable rental component of this master plan.

Located at the southeast corner of West Valencia Drive and South Highland Avenue, the project is a scattered site development consisting of 10 individual parcels that have been merged into five lots through the entitlement process. The American craftsman style of architecture is designed to blend into the existing housing inventory and achieve a LEED for Homes Silver rating.

Compass Rose will also feature an approximately 3,500-square-foot community building that will house flexible recreational space, onsite management offices, kitchen facilities and space where free onsite resident services will be provided to all residents and the surrounding Richman Park community. 

Jamboree will collaborate with existing community partners California State University Fullerton Center for Healthy Neighborhoods, St. Jude’s Neighborhood Clinic, and the Richman Connect partners to establish a multifunctional community center open for residents to take workforce development classes, health and wellness classes and use for neighborhood safety and community building events.

Property Fact Sheet available upon request.