The Parcel

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To get on the interest list for a unit in "The Sawyer" (Parcel Phase 1) or for additional information about the lease-up and move-in process, please contact Buckingham Property Management at (855) 452-8250, Option 0

Lease Up Overview Presentation - October 18, 2023

Lease Up Informational Handout - October 19, 2023

Video - Town Council Construction Update, Lease-Up Process, and Q&A - October 19, 20223

The Parcel - Tax Credit Bonds Public Hearings - February 2024

On February 21, 2024 beginning at 4pm, the Town Council will conduct public hearings as required by Section 147(f) of the Internal Revenue Code of 1986 with respect to a proposed plan of financing to provide for the issuance by the California Municipal Finance Authority (the “Authority”) of exempt facility bonds for the following qualified residential rental projects:

  • Bonds in an amount not to exceed $45,000,000 (the “Bonds”) for which the proceeds of the Bonds will be used to finance or refinance the acquisition, construction, improvement and equipping of The Sawyer, a multifamily rental housing project located at 50 and 62 Inyo Street (APN 035-290-002-000), Mammoth Lakes (Public Hearing Notice); and
  • Bonds in an amount not to exceed $30,000,000 (the “Bonds”) for which the proceeds of the Bonds will be used to finance or refinance the acquisition, construction, improvement and equipping of The Parcel Phase 2.2, a multifamily rental housing project located at the northeast corner of Inyo Street & Tavern Road (a portion of APN 035-290-001-000), Mammoth Lakes, California (Public Hearing Notice)

THE PARCEL CONSTRUCTION UPDATE – October 2023

Construction of The Sawyer (Phase 1 of the Parcel) continues to progress towards completion. Recent construction progress includes:  siding (Bldg 1 complete; Bldg 2 nearing completion), windows, paint, and other site circulation improvements (paving, curb & gutter, underground utilities). 

Despite the concerted efforts to complete Phase 1 for fall 2023, construction delays have pushed occupancy back to spring 2024. For up-to-date construction updates and information regarding the future lease-up of the Parcel, please follow The Sawyer on Facebook facebook Opens in new window

The Sawyer (Phase 1 of The Parcel) includes 81 apartment units within 2 buildings at several affordability levels and a variety of unit sizes between studio and 3 bedroom, as well as a childcare facility, community space, and public park. 

Parcel Aerial Photo 2023.10.18


Phase 1 - The Sawyer

What will be included in Phase 1?

  • 80 Units of Affordable Housing
  • 1 Manager's Unit
  • Daycare
  • Indoor Community Space
  • Public Park

When will the units be available to rent? The target occupancy date is currently spring 2024, pending completion of construction

How do I get on the interest list for a unit? Please contact Buckingham Property Management at (855) 452-8250, Option 0  

Phase 1 Details:

Phase 1 includes 81 units within two buildings with 66 units in the larger building and 15 units in the smaller building. The project also includes a daycare, community space, public park, and covered podium parking. The unit composition and sizes are as follows:  

 Phase 1 Affordability 

The apartments within Phase 1 will serve a range of affordability with the majority of the units at 60% AMI. Rental rates will be based on the annual income and household size of the applicant. undefined Opens in new window

* Click here for more information on Area Median Income

Stay Informed and Involved!

  • Join The Parcel NOTIFY ME email/text message list
  • Please contact the Acting Community and Economic Development Director, Nolan Bobroff, for questions or additional info:
    • email: nbobroff@townofmammothlakes.ca.gov
  • Follow 'The Sawyer" on Facebook facebook Opens in new window
Shady Rest Parcels