Real estate news publisher GlobeSt. Real Estate Forum has selected the Evanston Court project in Pasadena as among the recipients of their Adapt Opportunity Zones Awards 2019, to be given at the GlobeSt.com Adapt: Opportunity Zones conference on September 16 and 17 in Baltimore, Maryland.
The Evanston Court project is centered around the historic Evanston Inn at 385 South Marengo Avenue in Pasadena, which is listed in the National Register of Historic Places.
The project consists of a 24-unit, multi-family residential development that includes adaptive reuse of the Inn, whose structure would be rehabilitated into 10 condominium units. Three new two-and three-story residential buildings, comprising the remaining 14 units, were constructed over a semi-subterranean parking garage on the site, according to plans submitted to Pasadena’s Department of Planning and Community Development.