Orange County - Pipeline
City of Fountain Valley for years on new General Plan and RHNA requirements resulted in subject property designated as an “opportunity and RHNA” designated site develop a 5-story mixed-use project
• 1.84 Acres in Fountain Valley
• Density: 75 units per acre & 5 stories before State DensityBonus
• 207 units
• 2,000 sf of retail
• 4,000 sf of food and beverage
• Affordable requirement 15% at 80% AMI
• Great amenities with pool, courtyards, roof decks and club rooms
• Current property is a cash flowing strip center
• RHNA Housing Element/Plan Approved 2-22
• Zoning approved 4-22
• General Plan & EIR approved
• Entitlements: Projected 2026