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HomeMy WebLinkAbout05 - Key Private Sector Projects - PowerPointCity Council Planning Session COMMUNITY DEVELOPMENT DEPARTMENT Key Private Sector Projects 1 January 23, 2016 January 23, 2016 Agenda Item No. 5 2 PROJECTS AT COASTAL COMMISSION LIDO HOUSE HOTEL (FORMER CITY HALL SITE) 3 • Approved by Coastal Commission in October 2015 •Awaiting issuance of Coastal Development Permit – target for demolition is early April NEWPORT BANNING RANCH •March 2016 Coastal Commission Hearing •895 units •45,100 SF of retail including: •75-unit hotel •20-unit hostel •323 acres of Open Space, Public Parks, Access, and Parking •Vehicle Access to Sunset Ridge Park 4 Back Bay Landing Mixed Use MAXIMUM DEVELOPMENT POTENTIAL Non-Residential : 94,034 square feet Residential : 85,644 square feet (up to 49 units) 5 Approved by Coastal Commission in December 2015 Next step: Submittal of Precise development plans NEWPORT HARBOR YACHT CLUB •Demolition of existing clubhouse •Reconstruction of a 23,000 SF facility •Coastal Commission hearing may occur in March 2016. 6 •Application is submitted •Desire to have a hearing and certification of the Implementation Plan in May 2016 •Certification of the City’s Local Coastal Plan will result in City issuance of Coastal Development Permits- which will save our residents and businesses time and money. 7 LOCAL COASTAL IMPLEMENTATION PLAN 8 PROJECTS UNDER CONSTRUCTION WEST NEWPORT 9 ECHO 56 •24 Detached Single- family Units •Building Permit Valuation: $11M •Models are open and Phase 1 completion expected in Spring 2016 10 EBB TIDE 81 homes on 4.7 acres Former MHP Closed Demolition underway Grading next Completion: Summer 2017 Valuation: $36 million 11 BALBOA PENINSULA 12 NEWPORT BAY MARINA •27-unit project with 36,000 SF of retail uses. •Building Permit Valuation: $25M •Completion in Mid 2017 13 LIDO VILLAS RESIDENTIAL COMMUNITY •23 Townhomes on 1.2 acres in Lido Village •Issuance of final Coastal Development Permit; demolition activities completed •Building Permit Valuation: $16M 14 CORONA DEL MAR 15 AERIE RESIDENTIAL PROJECT •7 Residential Units •Building Permit Valuation: $25M •Completion expected in end of 2016 16 NEWPORT CENTER/FASHION ISLAND 17 NEWPORT BEACH COUNTRY CLUB •54,000 square-foot Country Club •Building Permit Valuation: $15M •Completion in early Fall 2016 18 THE MERIDIAN RESIDENTIAL COMMUNITY 19 •79 Residential units •Building Permit Valuation: $150M •Project is complete nearly sold out SAN JOAQUIN PLAZA APARTMENTS •524 luxury apartments •Under Construction •Building Permit Valuation: $200M •Completion expected in Early 2017 20 AIRPORT AREA 21 UPTOWN NEWPORT 22 •A mixed-use project of 1,244 units and 11,500 SF of Retail •Phase 1 infrastructure under construction •First two buildings with 455 units under review •Building Permit Valuation: $150M 23 PLANS IN PROCESS PENDING DEVELOPMENT PROJECTS AutoNation Porsche dealership in Mariners’ Mile •34,000 sq. ft. 24 RESIDENCES AT NEWPORT BEACH •384 units (86 affordable) •5,677 sq. ft. of retail •Planning Commission hearing March 2016 25 THE KOLL CENTER •260 MultiFamily Units •Plus Retail 26 REAL ESTATE ADMINISTRATION PROJECTS •Newport Pier Restaurant Lease •Balboa Theater Sale 27 REAL ESTATE ADMINISTRATION PROJECTS •Corona Del Mar Beach Concession Lease 28 WATER CONSERVATION •Newport Beach residents continue their efforts of reducing water consumption to meet emergency state mandated conservation regulations. •Local Business water use assessments •Residential outreach signs, door hangers, flyers Water Conservation (last two months) Water Consumption (last two months) 207 Warning Notices 753 Warning Notices 205 Citations 27 Citations 29 UPCOMING GENERAL PLAN AMENDMENTS •Airport Area •Uptown Newport- Addition of 180 Hotel Rooms to the overall project •Koll Center Newport – Creation of a mixed-use project by adding 260 residential units and ancillary retail •Saunders Property – Creation of a mixed-use project including 325 Residential units •Centerpointe Senior Living – Creation of a 133-Bed assisted living and memory care facility 30 UPCOMING GENERAL PLAN AMENDMENTS (CONTINUED) •Newport Center •150 Newport Center(Beacon Bay Car Wash site)-Proposal is for redevelopment as 49 residential condominiums- 7 stories high •Orange County Museum- Proposal is to redevelop site with 100 units - 27 stories high •Balboa Island •Village Inn- Create a Mixed-Use development on two properties. 31 Community Development 32