The foundation is taking shape at 1230 East Thompson Boulevard, in Ventura. The project has been titled “The Pearl.” It will bring denser housing, as well as a couple of low income units to the area. Trimark Investment Group, of Westlake, is listed as the developer.
1230 East Thompson Boulevard. Photo by Stefany Hedman.
The site is 1.8 acres large and will contain a total of 33 units, of mostly townhomes. There will be three affordable income units, one each under the very low income tier, low income tier, and moderate income tier. The structure will reach 39 feet high, with three levels inside.
1230 East Thompson Boulevard. Rendering via pearlventura.com.
Layouts will range from two to four bedrooms, with nine flexible floor plans. The largest units will be 1,800 square feet. There will be one and two car garages, with guest parking on site. The exterior will be modern accented, contemporary oceanside inspired architecture, shaped by siding, a trellis, a canopy, an awning, landscaping, pavers, and artwork.
1230 East Thompson Boulevard. Rendering via pearlventura.com.
Community spaces will include fire features, paseos, courtyards, a corner plaza, an outdoor incorporated activity center, an ocean friendly garden, walkways, bicycle parking, a pedestrian connection to the beach, and a gateway to the downtown corridor. HOA fees, estimated to be nearly $400.00 a month, will cover insurance, management company administration, and maintenance of common areas and site amenities.Prices for the homes are estimated to range from the $800s – $1.4 million.
1230 East Thompson Boulevard. Rendering via pearlventura.com.
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