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Irvine Company to Convert Newport Beach Offices Into 700 Apartments

Summary by Commercial Observer
It’s no secret that Southern California needs more housing, and one of the biggest developers in the state has proposed hundreds of new units right in its backyard.  Donald Bren’s Irvine Company filed plans with its headquarters city of Newport Beach to convert some office space at its four-building MacArthur Court complex into 700 apartment units, according to the Orange County Business Journal.  The developer plans to transform 107,000 square …
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Commercial Observer broke the news in on Wednesday, December 18, 2024.
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