The City of Placentia has approved a proposal from a Newport Beach-based developer Blackwood Real Estate to construct a mixed-use complex near its future Metrolink Station. 

Centerpointe, located on the 500 block of West Crowther Avenue, will feature 418 studio, one-, and two-bedroom apartments atop roughly 10,500 square feet of ground-floor retail space.  Plans also call for amenities such as a business center, a courtyard, a dog park, and a 4,000-square-foot gym.

The contemporary five-story building is being designed by Architects Orange.

According to Gilad Ganish, a partner at Blackwood, the project is located in close proximity to the Anaheim Canyon business district, which has the largest jobs-to-housing imbalance in Orange County, as well as Cal State University Fullerton.

A similar 215-unit development from Lyon Living, called The Herald, is expected to break ground nearby this summer.

The Placentia commuter rail station, which has not yet started construction, is the first new stop on Metrolink's Riverside Line in more than a decade.