Construction is underway at Solana at Duarte Station, slated to open in Summer 2024
IRVINE, Calif. (April 4, 2023) – MBK Rental Living and R.D. Olson Construction announced that construction is underway for Solana at Duarte Station, a new 292-unit five-story luxury apartment community located in Duarte, California on 3.43-acres with an eight-story parking structure. MBK is proud to partner with Haseko Corporation (Haseko) in this second apartment joint venture in Duarte with the company.
Situated only 11 miles from downtown Pasadena and 22 miles from downtown Los Angeles, Solana is a transit-oriented development located along the vibrant interstate I-210 corridor and just steps away from the City of Hope Metro Gold Line Station. Upon completion, it will offer a mix of flats and lofted studios, one-, two- and three-bedroom units, and four-bedroom co-living apartments with each bedroom hosting its own kitchenette. The new wrap-style development, which commenced construction in December 2022, is adjacent to MBK Rental Living’s 4.3-acre site in Duarte, Esperanza at Duarte Station, which celebrated its grand opening in March 2023. Solana is where playful adventure meets a relaxed and bohemian atmosphere, making it the ideal destination for those who seek to exceptional quality and an all-inclusive lifestyle.
“Following the opening of our first apartment development in Duarte, MBK is thrilled to have construction underway on Solana at Duarte Station and bring additional housing to Duarte,” said MBK Rental Living President Ken McCarren. “As we continue to enhance our relationship with Haseko and R.D. Olson Construction, we remain dedicated to MBK Rental Living’s growth throughout California. We look forward to welcoming our first residents toward the end of next year and introducing them to the harmonious blend of relaxing outdoor amenities and contemporary indoor leisure offered at Solana.”
Solana at Duarte Station will exemplify MBK’s thoughtful and active approach to modern living, with a strong emphasis on amenities and spacious exterior gathering spaces. Appealing to a diverse range of renters – from students and families to professionals and empty nesters – the community will include a variety of floorplans. Amenities at the new community will include a fitness center and resort-style pool and spa, a clubroom, and a gathering spot to grab a coffee. Residents will also experience the community’s connection to nature with features like an entertainment alleyway for food trucks and outdoor events, pocket parks, and a linear park spanning the entire length of the community with a dog park and lounge areas.
“With our collaborative approach and fast-track construction expertise, Solana at Duarte Station is well-positioned to evolve with the surrounding area and further enhance the diverse lifestyles of Southern California residents,” said Bill Wilhelm, president of R.D. Olson Construction. “We’re delighted to continue working with MBK Rental Living and feel confident that Solana at Duarte Station will strengthen collective confidence in the region’s housing market.”
The luxury community will offer residents convenient metro access via train and freeway to Pasadena and downtown L.A. to the west, as well as the Inland Empire, prominent universities, and Ontario International Airport to the east. The community’s favorable location is in close proximity to popular retail destinations including Target, Trader Joe’s, and Walmart, while also bridging residents to nearby entertainment hubs, employment centers, and community services including City of Hope, a 120-acre comprehensive cancer treatment center. Historic Route 66 and the time-honored towns of Monrovia and Bradbury are also just minutes away.
About MBK Rental Living
MBK Rental Living is active in the acquisition and development of apartment communities. The company’s mission is to be the preeminent lifestyle developer focusing on creating communities that deliver value for their residents, partners, and investors. Throughout its more than 30-year history, MBK 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 Rental Living is a division of MBK Real Estate Ltd., the U.S. real estate development arm of Mitsui & Co., Ltd., a global trading and investment company with a diversified business portfolio. MBK Real Estate’s companies span a wide spectrum of real estate development including apartments, industrial, and their senior housing divisions. MBK Rental Living is headquartered in Irvine, California. Corporate offices are located at 4 Park Plaza Suite 1700,
Irvine, CA 92614; or visit their website at www.MBKRentalLiving.com.
About Haseko Corporation
Haseko Corporation, established in 1937, is a Japanese-based construction company mainly specializing in the development of residential condominiums. The company has built approximately 694,000 condominium units throughout Japan since 1968, equivalent to roughly 10% of Japan’s condominium stock.
Haseko Corporation, through a wholly-owned subsidiary company Haseko America, Inc., has been developing residential, commercial, and resort properties in Hawaii since 1973, including luxury resorts, residential communities, commercial properties, and upscale condominiums on Oahu, Maui, Kauai, and the Big Island. To date, the company has sold 4,000 single-family homes in Hawaii.
About R.D. Olson Construction
Founded by Bob Olson in 1979 and led by President Bill Wilhelm, R.D. Olson Construction commemorates 42 years of building and is one of the top 40 general contracting firms in California. R.D. Olson Construction is a premier builder of hotel and multi-unit properties for several national hoteliers and developers, including Marriott, Hilton, Hyatt, Ritz Carlton, MBK Living, Related Properties and Meta Housing, and has a robust portfolio of renovation projects including Atria Senior Housing, Chapman University’s Reeves Hall, the conversion of the historic Bank of Italy Building into the Nomad Hotel, and more. The firm also has a rich history as a builder of office, retail, restaurant, education, senior living and recreational projects. Learn more at www.rdolson.com.
