212-Unit Apartment Project at 10561 Santa Fe Drive Moves Forward
El Monte
Summary
The long-stalled Gateway project parcel got another year of life. The original developer went bankrupt in 2020, but a new buyer has a signed letter of intent and a purchase agreement out. Once built, it's an estimated $75-80 million project with two levels of underground parking, a pool, fitness center, and courtyard — about a two-year construction timeline.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Discussed at 1 meeting in the last 60 days; most recently Sep 8, 2026.
Impact analysis
An estimated $75-80 million private investment, with development fees that help fund nearby Pioneer Park.
Future residents of 212 new apartments and the surrounding Gateway district, which gains retail, the Aston tower, and Pioneer Park.
Mentions & discussions (1)
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