A new multifamily development is set for a business-dense area of Los Angeles. Cityview, a multifamily investment management and development firm based in Century City, and Stockbridge, a San Francisco-based private equity real estate investment management firm, recently announced the commencement of Apollo – a 265-unit apartment complex coming to South Bay.

“Los Angeles’ South Bay is quickly becoming one of the most desirable areas in Southern California, and we are looking forward to working with Stockbridge to deliver much-needed residential offerings that will help support the area’s rapid population growth and revitalization,” Sean Burton, chief executive of Cityview, said in a statement. 

Located at 12888 Crenshaw Blvd., Apollo, slated for completion in 2025, is situated in a high-growth area near major tech, automotive and aerospace employers, including heavy hitters such as SpaceX, the Tesla Design Center and Ring.

It’s located within five miles of more than 260,000 jobs and is near Los Angeles International Airport as well as Stan Kroenke’s SoFi Stadium.

The development will include a combination of studio, one-bedroom and two-bedroom floor plans and boast a variety of luxury amenities, including a pool deck, a fitness center, an indoor-outdoor community room, three open-air courtyards, an entertainment lounge and multiple coworking spaces.

In an effort to cater to the area’s engineering and aerospace demographic, Apollo will include a so-called makerspace, which will feature a podcast studio, a 3D printer and other technology-focused amenities.

Beyond SpaceX, South Bay is home to many of the biggest aerospace companies in the game, including Boeing Co., Northrop Grumman, The Aerospace Corp., Relativity Space, Rocket Lab, Raytheon and Lockheed Martin.