As UCI grows and enjoys greater prestige and as the cost of market-rate housing continues to climb, the demand for housing increases. Over the last several months, UCI and the Irvine Campus Housing Authority (ICHA) have examined opportunities to meet these housing demands. One of the areas UCI has identified for redevelopment is the current Las Lomas Apartments location, which is owned by UCI.
Las Lomas is an increasingly costly facility to maintain. Over time, maintenance will become more challenging and more expensive. Rents will need to increase to cover those rising costs.
The Las Lomas Apartments will be decommissioned in the fall of 2020 and permanently closed at that time. Current residents of Las Lomas were notified of the plan last week. In an effort to ease the disruption that the redevelopment will cause to current residents, ICHA and UCI have worked together to offer Las Lomas residents housing in the new 124-unit
Miramonte Rental Townhome
community currently under construction at Anteater and Bonita Canyon Drive. To date, two-thirds of the current residents have chosen a housing unit in Miramonte.