City of Montebello taps Olson for catalytic project in downtown

“We’ve been creating this type of community for 30 years in the state of California, and we consider ourselves the leader of urban infill development that focuses on downtown living close to transit at affordable price points.”
Bill Holford, President of Olson Communities.

The Olson Company was thrilled to celebrate the ribbon cutting of BLVD Walk with the City of Montebello officials on Thursday, June 6, 2019. In attendance were Jack Hadjinian, Mayor of Montebello, Salvador Melendez, Mayor Pro Tem, Ani Minasian, Director of the Montebello Chamber of Commerce, a representative from the Office of Linda Sanchez, Congresswoman of the 38th Congressional District and Bill Holford, President of Olson Communities.

When completed, BLVD Walk will be comprised of 28 new townhomes with modern and inviting Irving Gill-inspired architecture ranging in size from 1,309 to 1,693 square feet and from two to three bedrooms. With models open and sales underway, the project’s impressive price point from the $400,000s has been and will continue to be a major selling point of the community, as it attracts local and LA area buyers and increases the opportunity for homeownership across life stages and professions.

Homebuyers at BLVD Walk will appreciate home designs that include bright and open concept floorplans featuring inviting living areas, sizeable kitchens with center islands, master suites with walk-in closets, private decks, and attached two-car garages. Downtown Montebello, a walkable and up-and-coming neighborhood, is literally outside their front door, and the thriving dining and entertainment scene of downtown Los Angeles is only eight miles away. The community’s central location near the 5, 60, 605 and 710 Freeways means easier access to Downtown LA, surrounding cities, the San Gabriel Valley, and North Orange County, and is less than two miles from the Montebello/Commerce Metrolink Station. For more information about the community, visit BLVDwalk.com.

BLVD Walk also addresses the growing trend of  homebuyers desiring to move away from the suburbs or stay in the city and purchase a home close to work and play. The Olson Company is a recognized leader in the development of high quality mixed-use infill projects throughout urban Southern California that’s well designed, attainably priced, close to mass transit and employment centers and within walking distance of quality dining, retail and entertainment like downtown Montebello.

“We’ve been creating this type of community for 30 years in the state of California, and we consider ourselves the leader of urban infill development that focuses on downtown living close to transit at affordable price points,” said Bill Holford, President of Olson Communities.

The BLVD Walk project began as a Redevelopment Successor Agency Asset owned by the City of Montebello. The Olson Company was selected through an extensive RFP process to enter into a public/private partnership with the city to develop the land and bring their vision to life of a reenergized downtown that encourages and supports a walkable community, local and emerging businesses and entrepreneurs, and a more sustainable quality of life for city dwellers. The Olson Company and the City of Montebello are united in efforts to improve the downtown area with redevelopment and enhancements that not only preserve its cultural and architectural heritage, but become a source of pride for existing and future residents and business owners, create financial stability and encourage future investment.

Residents of BLVD Walk and the surrounding downtown Montebello will enjoy walking to hyperlocal cuisine at BLVD MRKT, and Angry Horse Brewery that recently opened across the street, and future dining and retail destinations as more open in the future.

BLVD Walk is part of a larger redevelopment vision for the area and is being built alongside BLVD MRKT, a modern and artisan food hall with indoor and outdoor seating. Founded by Barney Santos of Gentefy, the retail project’s construction is underway and will include a curated collection of ten local and emerging restaurants housed inside a structure made from renovated shipping containers and repurposed building materials. BLVD MRKT is intended to nurture and support local entrepreneurs launching culinary and restaurant start-ups. To learn more about BLVD MRKT, visit BLVDmrkt.com.

With the success and positive momentum of BLVD Walk and BLVD MRKT, the city anticipates the projects will stimulate increased economic activity to further revitalize and reenergize downtown Montebello, with the development of additional housing and locally owned restaurants, retail and businesses in the near future.

The Olson Company has enjoyed a long and successful history of city partnerships throughout California to bring critically needed housing to urban areas. The company has sought to enhance these partnerships by aligning with cities’ redevelopment agencies to help revitalize underserved or historic areas with our decades of experience building the highest quality residential, infill and mixed-use communities.

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