Housing supply constraints in the South Bay are creating opportunities for multifamily developers to add new units near major employment centers. JPI and Chuo Nittochi America Corporation have completed the acquisition of a 2.14-acre property at 16911 S. Normandie Avenue in Gardena, California, where the partners plan to develop the Normandie Apartments.
The planned $125 million project will deliver 257 apartments in a Class A residential community. JPI expects construction to start in September 2026, with completion planned for March 2029.
The development will offer studio, one-bedroom and two-bedroom units. Planned common facilities include a swimming pool and spa, rooftop outdoor space, fitness center, resident clubhouse, game room, library, co-working area and an outdoor cooking and barbecue area.
The property is positioned near the 91, 405 and 110 freeways, providing connections to employment centers throughout Los Angeles County and the South Bay.
The development is being advanced in a South Bay market that has experienced limited apartment construction relative to employment demand. The area has major aerospace and defense employers, including Raytheon, Lockheed Martin, Boeing and Northrop Grumman, as well as other large corporate operations.
The project's location also provides access to nearby coastal communities and transportation corridors serving the wider Los Angeles region.
The Gardena development adds 257 planned units to a housing market identified by the project partners as having constrained apartment supply. For multifamily owners and developers, the project demonstrates the role of infill residential development in employment-oriented Southern California markets.
The planned construction period also provides a multiyear pipeline for general contractors and specialty trades as the project moves from site development into vertical construction and completion.
Source: JPI.
