The city of Covina, Calif., approved plans to develop 117 new, three-story townhomes and a transit center for buses on the site of a closed Kmart. Called Covina Forward, the project, is a venture of MLC Holdings Inc. in partnership with the city and Foothill Transit, which will operate the bus center, which will provide bays for up to six buses. The Kmart closed two years ago.
The townhomes, a mix of three- and four-bedroom units, will range from 1,700 square feet to 2,000 square feet and each will have a two-car garage. The units will be sold at market value, estimated at around $400,000 to $500,000. Construction kicks off early this year.