MBK Homes Announces The Grand Opening Of Its New Home Community, 1500 Artesia Square

IRVINE, Calif. - June 11, 2015 - PRLog -- Award-winning California homebuilder MBK Homes is pleased to announce the grand opening of 1500 Artesia Square, a new urban infill community consisting of 60 new townhomes and loft residences. Located at 1508-B W. Artesia Square in Gardena, sales are now underway with four model homes open to the public for touring daily.

Upon completion, 1500 Artesia Square will include 30 new townhomes and 30 loft units. The three-story townhomes offer three floorplan options ranging in size from 1,708 to 2,005 square feet with up to four bedrooms, two to four full baths and two-car attached garages. The loft units offer three floorplan options, ranging in size from 1,750 to 2,309 square feet with first floors devoted to flexible office and/or home-based business space, and upper floors reserved for contemporary living with up to three bedrooms and two and a half baths. Prices start in the mid-$500s.

“The high-density residences at 1500 Artesia Square are a continued response to the growing demand for housing by professionals seeking an urban lifestyle and at-home business opportunities,” said Tim Kane, CEO of MBK Homes. “The success of its predecessor, 1600 Artesia Square, demonstrates just how integral this housing option really is for residents living in or around the South Bay; we are excited that with the models now open, more buyers can experience this lifestyle first-hand.”

Onsite resident amenities include outdoor entertaining spaces such as an outdoor kitchen, fireplace, barbeque, and seating. 1500 Artesia Square is also within walking distance to restaurants, shops and other services, including Marukai market, which draws customers from all over Southern California.

The community is centrally located approximately 10 miles south of downtown Los Angeles, approximately seven miles southeast of Los Angeles International Airport and approximately 12 miles north of the Port of Los Angeles/San Pedro. Access to and from Gardena includes the San Diego Freeway (I-405), the Artesia Freeway (SR-91), the Harbor Freeway (I-110) and the Century Freeway (I-105).

The community is situated on 3.42 acres within and at the center of the Artesia Corridor Specific Plan area, a 44-acre revitalization area bounded by Artesia Blvd. (SR-91) to the north, Western Ave. to the west, Normandie Ave. to the east and the Dominguez Channel to the south.  1500 Artesia Square sits adjacent to MBK’s 1600 Artesia Square, a 97-unit townhome and loft community that was completed in 2012 and the first major mixed-use development in the specific plan area.

“We are thrilled to complete another community in Gardena and are pleased to be able to offer again the same quality in design and amenities at 1500 Artesia Square,” said Kane.

Sales are currently underway and prices start from the mid-$500s. Anticipated occupancy for phase one is late-Summer 2015. For more information about the community please visit www.mbkhomes.com.

About MBK Homes

MBK Homes (http://www.mbkhomes.com/) is active in the development of for‐sale single and multi‐family housing communities, rental housing, apartment property acquisition, and distressed asset renovation. Through its various housing solutions, MBK Homes’ mission is to provide top quality shelter to residents in California. Throughout its nearly 20 years, MBK Homes has earned a reputation for delivering award winning customer satisfaction in housing that is innovative in design, comfort, sustainability and craftsmanship, all at an excellent value.

MBK Homes is a division of MBK Real Estate Ltd., the U.S. real estate development arm of Mitsui & Co., Ltd., one of the world’s largest corporations. MBK Real Estate’s companies span a wide spectrum of real estate development, including homebuilding, retail and senior housing divisions.

MBK Homes is headquartered in Irvine, California. Corporate offices are located at 4 Park Plaza Suite 1000, Irvine, CA 92614; phone (949) 789‐8300; fax (949) 789‐9300; or visit the website at www.mbkhomes.com.