Orange County-based MW Investment Group is on pace to break ground next year on a mixed-use project near the Gold Line's Monrovia Station.

The proposed development, called The Arroyo at Monrovia Station, is slated for a fully city block wrapped by Magnolia, Pomona, Evergreen and Primrose Avenues. Plans call for razing two commercial buildings and a row of single-family dwellings to make way for a five-story edifice featuring 284 apartments, 7,950 square feet of ground-floor retail space, and a 500-car parking garage. The housing would include a mix of studio, one-, and two-bedroom apartments ranging between 611 and 1,500 square feet in size.

Architects Orange is designing the wrap-style development, which would enclose a new public park at the northwest corner of the property. Other private residential amenities would include a swimming pool, a gym, and a sky terrace.

Pending approvals by the City of Monrovia - including a zoning amendment and a new specific plan - The Arroyo is expected to break ground in 2020. Project delivery is anticipated in 2022, according to a draft environmental impact report now being circulated by the City.

The proposed development is one of four large mixed-use and multifamily residential projects in the works surrounding Monrovia Station. Combined with The Arroyo, proposed developments from Trammell Crow Residential, The Richman Group, and Fifield Realty Company would create over 1,300 residential units.

Farther north in Old Town Monrovia, AvalonBay Communities is planning a mixed-use building with 154 apartments and retail.