OC Business Journal

Entitlement & Repurposing of Land: Uptown Newport

Shopoff Realty Investments transformed this former office and industrial site into the Uptown Newport master development, a mixed-use residential village that serves the city’s growing demand for housing. The company acquired the 25-acre site and brought it through a complex entitlement process, receiving city approval in 2013 to build 1,244 residential units along with 11,500 square feet of retail space. Shopoff Realty Investments also built a 1-acre park at its own cost, which it dedicated to the community, and has plans to build a second park in phase two of development.

SHOPOFF REALTY INVESTMENTS

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2022-05-23T07:00:00.0000000Z

2022-05-23T07:00:00.0000000Z

https://ocbusinessjournal.pressreader.com/article/282256669106282

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