San Juan Capistrano
City of San Juan Capistrano included the property as a State RHNA (Regional Housing Needs Assessment) designated site to develop a 5-storymixed-use project to enable the City to meet its State required housing needs.
• 3.5 Acres in downtown San Juan Capistrano near historic Mission District (Walker’s Paradise: 91 Walk Score)
• In a Federal Opportunity Zone
• RHNA & Housing Element identified site
• Density60 units peracre & 5stories before DensityBonus • EIR Addendum &General Plan for Housing Plan 4-2023
• Specific Plan with Zoning for propertyapproved 4-2023 • Affordable requirement 15%
• 278 units
• 14,000sf of food & beverage and retail
• Great amenities with pool, courtyards, roof decks and club rooms
• Current property is a cash flowing retail and medical plaza
• Entitlements as a part of the Approved Specific Plan for the site to be approved Q4-2024
• Construction late 2026