Developers Ryan Companies US Inc. and GF Properties Group LLC planned a June 23 groundbreaking for Block 18, a $21 million mixed-use development in downtown Oceanside.
A Ryan Companies statement said the four-story project includes 66 market-rate apartments and approximately 9,500 square feet of ground-floor retail and restaurant space. The apartment component will include a club room, community kitchen, fitness center and second-floor terrace courtyard with a hot tub and grilling stations.
The development encompasses a full block at the northwest corner of Mission Avenue and North Cleveland Street.
Minneapolis-based Ryan Companies is a family owned developer, designer, builder and investment consultant for real estate projects nationwide.
GF Properties Group, a wholly owned subsidiary of the Colorado-based Southern Ute Indian Tribe Growth Fund, has developed other local projects including the $40 million SpringHill Suites by Marriott hotel that opened last year in downtown Oceanside.