Tecton Group Plans 369 Unit Mixed Use Project at 220 South Atlantic Boulevard in Monterey Park

• Tecton Group is planning a 369-unit mixed-use development in Monterey Park
• The project includes 20000 square feet of ground-floor retail
• Development will replace an existing retail property at a key intersection

What Tecton Group is planning in Monterey Park

A new mixed-use development has been proposed at 220 South Atlantic Boulevard in Monterey Park. The site is owned by ACEM LLC, an entity affiliated with Tecton Group, positioning the firm as the key developer behind the project. The development, known as Deerfield Center, will bring 369 residential units to the site along with approximately 20000 square feet of ground-floor commercial space. Located at the intersection of Atlantic Boulevard and Garvey Avenue, the project targets a highly visible and active corridor.

What the scale and design signal for investors

The five-story building is designed by Carrier Johnson + Culture and emphasizes a strong corner presence with a distinct vertical element and integrated retail frontage. The project includes a mix of architectural volumes, combining residential units above active street-level uses. A subterranean parking level is also planned, supporting both residents and retail visitors. This type of mid-rise, mixed-use density reflects a strategy focused on maximizing land value in urban infill locations.

What this means for Monterey Park development trends

This proposal highlights a shift toward higher-density residential development in Monterey Park, particularly along major corridors. Replacing an existing retail complex with a mixed-use asset aligns with broader trends across California, where underutilized commercial sites are being redeveloped into housing with integrated retail. For investors, this signals continued opportunity in suburban infill markets where zoning and demand support larger-scale residential projects.

What to watch as the project moves forward

The project is still in the proposal stage, and timelines for approval and construction have not yet been announced. As plans advance, key factors will include entitlement progress, construction timing, and final unit mix. If approved, the development would significantly increase housing supply in the area while enhancing retail activity at a major intersection.

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