Investing in Downtown Bakersfield
Building a Thriving Future for Kern County
Downtown Bakersfield isn’t just the heart of the city; it’s the engine driving the entire economy of Kern County. Over the years, this vibrant area has become a hub for business, culture, and community growth. At Eastchester Living, we’re proud to be playing a key role in its transformation, helping to shape the future of downtown and, by extension, the future of Kern County.
Our development of 135 luxury apartment units is a clear signal that people want to live in downtown Bakersfield. We’re meeting that demand head-on, providing high-end living spaces that will help make downtown an even more desirable place to live and work. But it’s about more than just building apartments. It’s about creating a space where community thrives, businesses flourish, and everyone benefits from the energy and innovation that comes with it.
A Smart Investment for the Community
When we invest in downtown, we’re investing in the entire community. Our developments provide a foundation for new homes and help to create a vibrant, connected community that supports local businesses, fuels job growth, and makes life in Bakersfield even better for everyone.
To bring even more value to our dynamic community, our projects are located in an Opportunity Zone. For our investors, this means there are great tax incentives, including the ability to reinvest capital gains with no tax liability after 10 years. These incentives are a game-changer for the city, driving new investment and encouraging even more people to support the revitalization of downtown Bakersfield.
Building on What Bakersfield Already Has
At Eastchester Living, we’re here to build on what already makes it great. Downtown has always had something special, and we’re honored to be part of bringing that out even more. That’s why we focus on multifamily projects. When more people live in downtown Bakersfield, it creates a ripple effect that benefits everyone: local businesses get more foot traffic, entrepreneurs find new opportunities, and the overall energy of the area grows. It’s all about creating a cycle of growth, and we’re excited to be a part of it.
Looking Ahead: Eastbank and Cleo
We’ve got some exciting projects coming down the pipeline that we can’t wait to share with you. Eastbank will be located near the first diversion of the Kern River, an amazing spot that’s within walking distance of all the best downtown amenities. It’s going to be a perfect fit for anyone looking to enjoy the best of what downtown Bakersfield has to offer.
And then there’s Cleo, one of our densest projects yet, designed to maximize space and offer a real sense of community. By having a coffee shop downstairs as an amenity, residents and visitors can grab a cup of coffee, relax, and enjoy the community. It’s all about creating the kind of place where people want to be.
Join Us in Shaping Downtown Bakersfield
We believe in the potential of downtown Bakersfield and the potential of Kern County as a whole. By putting capital into downtown, we’re not just creating homes; we’re creating a space that benefits everyone, from residents to entrepreneurs to local businesses. We’re proud to be part of the exciting movement that’s transforming this area, and we can’t wait to see what the future holds.
If you would like to learn more about our upcoming developments and explore investment opportunities, be sure to visit sagebakersfield.com. Together, we can continue building a brighter future for downtown Bakersfield and beyond.