Seven of the 42 dwellings in the first phase of the $80 million Oak Creek project on Canwood Street in Agoura Hills have been rented.
Monthly leases range from $1,695 to $2,895 per month. The most expensive units are the two-bedroom, two and one-half bath townhomes.
According to Karie Bobzin, community manager of the project, tenants are expected to move into the new apartments this week.
There was a delay in obtaining the certificate of occupancy, which held up the original move-in date scheduled for November, Bobzin said.
"As soon as we’re open to show our models to the public, we know the project will be a successful venture," she said. Five finished models have been professionally decorated.
A total of 336 units will be available for lease in six phases. When completed, 24 buildings will house 14 units each. Bobzin said that she expects that each phase will open about three weeks apart.
"The first phase is always the toughest," Bobzin said. She added that landscaping has been added, including mature trees, grass and a free-form waterfall by the spa.
Every unit, said Bobzin, offers a private entry and each apartment has access to underground parking. Other amenities, she said, include fireplaces in all units, Berber carpeting, and granite counters and cherry cabinetry in kitchens. Appliances are included in the rental price. Each unit features a side-by-side refrigerator and washers and dryers. The units either have breakfast nooks or dining areas.
J.H. Snyder Company of Los Angeles has developed the property. The firm reconfigured Canwood Street to provide easier access to the complex. The new street is now operational.
Snyder recently received approval by the Agoura Hills City Council to start construction on the 125-room Homewood Suites Hotel on the commercial side of the property. The mixed-use project on 40 acres reflects Craftsman-style architecture with wood trellises and balconies. Nine acres are for commercial use.
While all of the retail and commercial uses of the project haven’t been finalized, four restaurants and an office building are expected to be part of the project. All design plans and specific uses must be reviewed and approved by the city.
Eleven acres of open space will surround the Oak Creek project, with 2.6 acres donated to the city for the Kanan interchange improvement. The freeway interchange project is expected to begin this year and take about a year to complete.