One of the largest master-planned developments ever approved in Riverside County
You're looking at what could become the biggest development project ever approved in Riverside County.
Fifteen thousand new homes. Retail. Schools. Parks. A hotel. A 40-acre lake. The Moreno Valley City Council has officially approved the Aquabella Project, and whether you live in Moreno Valley, Riverside, Perris, Corona, or Jurupa Valley, this project is going to affect you.
The Aquabella Project is a massive mixed-use master-planned community on roughly 770 acres just east of Interstate 215 and south of State Route 60. When complete, it will include approximately 15,000 residential units, nearly 50,000 square feet of retail and commercial space, a town center, a hotel, schools, parks, walking trails, and a signature 40-acre lake. The project is expected to be built in phases over the next 15 years or more.
This isn't just another subdivision. It's an entirely new community being built from the ground up.
Here's the good news.
Southern California desperately needs more housing. Thousands of new homes can create opportunities for buyers, renters, and families looking to stay in the Inland Empire instead of moving farther away.
The project will also create thousands of construction jobs, followed by permanent jobs in retail, restaurants, hospitality, education, and local services. More residents typically attract more businesses, more restaurants, and more investment throughout the region.
But there's another side to the story.
Fifteen thousand homes could mean tens of thousands of additional residents. That means more traffic on the 60 Freeway, Interstate 215, and surrounding streets. Schools, police, fire protection, water infrastructure, and healthcare services will all face increased demand. These are legitimate concerns raised by residents and city leaders alike.
From a real estate perspective, this project could have mixed effects. In the long run, major investments like this often make an area more desirable by bringing new amenities and economic activity. At the same time, adding a significant number of homes increases housing supply, which can help moderate price growth over time. The final impact will depend on how quickly homes are built, how infrastructure keeps pace, and the overall strength of the regional economy.
This project won't just change Moreno Valley. It has the potential to influence surrounding communities across the Inland Empire for decades to come.
This land may look empty today, but over the next decade, it's going to become one of the most significant communities ever built in the Inland Empire.
I'm Paco the Realtor, bringing you the stories shaping the communities we call home. Follow me for more updates on local development, real estate, and what's happening across the Inland Empire.
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