GROUND UP DEVELOPMENT OF FOUR STORY APARTMENT PROJECT WITH 97 UNITS WRAPPED AROUND A 4 STORY PARKING STRUCTURE

Dec 8, 2019

RARE FULLY ENTITLED COMMERCIAL MIXED USE DEVELOPMENT OPPORTUNITY IN ORANGE COUNTY.

  • ground up development of four story apartment project with 97 units wrapped arou
  • ground up development of four story apartment project with 97 units wrapped arou
  • ground up development of four story apartment project with 97 units wrapped arou
  • ground up development of four story apartment project with 97 units wrapped arou
  • ground up development of four story apartment project with 97 units wrapped arou

SHOVEL READY FOUR STORY APARTMENT PROJECT WITH 97 UNITS WRAPPED AROUND A 4 STORY PARKING STRUCTURE:

• This Mixed Use project consist of 4 stories with 97 MARKET RATE 1 and 2 Bedroom units designed around a 3.5 story parking garage with 10,000 S.F of retail along North Harbor Blvd. The project area is located in a highly urbanized, built-out portion of central Orange County. It is generally surrounded by residential and retail uses in one of the primary gateways to the gentrifying Downtown Santa Ana trade area.

• The Harbor Corridor Plan introduces land use and circulation changes to approximately 305 acres of land within the boundaries of the existing 425-acre NHSP, (North Harbor Specific Plan) including approximately 50 acres of right-of-way located outside of parcels. The Harbor Corridor Plan would allow for approximately 4,600 residential units and 2 million square feet of commercial space to be located in the plan area.

• Land use changes under the Harbor Corridor Plan would involve replacing the NHSP’s zoning districts with four Harbor Corridor Plan zones described below. Each zone has its own development standards, preferred building and frontage types, landscape palette, and strategies promoting integration between new development and the existing neighborhood. Circulation improvements introduced by the Harbor Corridor Plan emphasize a multi-modal approach to circulation and a dynamic relationship between the transportation corridor and adjacent land uses.

• In addition, the project also includes 20% of the 1.85 AC site (80,5639 SF) to be dedicated for common open space and recreational areas.

Development of the Harbor Corridor Plan was guided by the following five principles:

1) Housing and Mixed-Use Development Opportunities

2) Economic Vitality and New Opportunities for Businesses and Residents

3) Access to Multi-Modal Transportation

4) A Sense of Place

5) Community Health and Wellness

**CONTACT BROKER FOR COMPLETE DUE DILIGENCE PACKAGE**

https://rgaproperties.com/

Web Analytics