California CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Pasadena’s First Luxury High-Rise Nears Completion
Pasadena-based developer AdeptUrban is nearing completion of 388 Cordova, Pasadena’s first luxury high-rise building. The initial phase, an eight-story, 57-unit multifamily development, is 70% sold and on track to deliver this month. The second phase includes 48 units that are scheduled to be completed by 2021.
The developer says 388 Cordova is a new product for the area that has been selling in record time, making it the fastest-selling project in Los Angeles. Located near Old Town Pasadena, the project brings 23,000 square-feet of office space and 105 one, two, and three-bedroom luxury condominiums starting at $900,000.
The building’s seven two-story penthouses, which go for up to $5 million, offer exquisite design, finishes and some of the most expansive terraces in all of Los Angeles, including some up to 1,372 square feet in size.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Economy
- ◦Development
- ◦Sale/Acquisition

