Description
R5-zoned (High Density Residential) opportunity on a 1.99 acre, rectangular, level lot with wide frontage along historic Route 66 (Foothill Blvd). Parcels can be sold separately (0246-231-14,0246-231-15). This prime property offers the potential to develop 77 to 99 residential units in the fast-growing city of Fontana. In 2023, the City of Fontana amended its Form-Based Code, focusing on multi-family housing and mixed-use development as part of the States SB2 Grant and Downtown Core Project. Fontana is expected to grow by an estimated 10,000 new residents by 2025, positioning this property as an ideal site for future development. Strategically located at the crossroads of major trade routes, the propertys role as a hub for supply chains makes it a vital part of the Inland Empire, offering excellent access for commuters and businesses alike. Bordering Rancho Cucamonga, Ontario, and Rialto, the property is near major freeways, including SR-210, I-10, and I-15. Adjacent to the property, the Rock of Salvation Church, Fontanas newest place of public assembly, is set to transform a portion of the street between Laurel and Locust, enhancing the vibrancy of the area. Nearby Future Site of High-Speed Train to Las Vegas. High-density housing projects are actively being developed nearby, with several developers already applying for permits, demonstrating strong growth and demand for residential opportunities. Additionally, commercial development is booming, further solidifying the areas appeal as a hub for both residential and business expansion. Fontanas commitment to long-term growt