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JPI Goes Vertical on 482-Unit Riverside Rental Project
Multifamily developer JPI has begun vertical construction on The Exchange at Riverside, which will bring 482 rental units to Riverside. The milestone was celebrated at a Golden Hammer ceremony on the jobsite.
The three-story luxury multi-family development will offer one-, two- and three-bedroom apartments along with several live/work units. The apartments will offer energy-efficient stainless-steel appliances and electric ranges, private tiered balconies, nine-foot ceilings and a full-sized washer and dryer.
The Exchange at Riverside will provide convenient access to downtown Riverside with the Fox Performing Arts Center, Convention Center, UCR Arts, Riverside Plaza, and Mission Inn & Spa. The project is also convenient to the University of California Riverside, which boasts more than 26,000 students. First occupancy is projected for late 2024.
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