How Coastal Markets Stack Up for Development

Chris Beucler

San Diego-based developer Zephyr is heading north to Dana Point for its latest project, South Cove, a coastal private-home community. The developer is nearing completion on phase III construction on the project, which features 17 two- and three-bedroom floor plans ranging from 1,404 to 2,126 square feet. Unlike the San Diego market, Orange County offers coastal density, according to the developer, making it ideal for this residential community.

“San Diego is more of what I would call a traditional market in the suburban areas. Where South Cove in Dana Point is unique in that it is almost coastal-urban infill,” Chris Beucler, COO at Zephyr, tells GlobeSt.com. “When we think of urban areas in San Diego, we think of Downtown, and certain pockets in North County like the areas around Cal State San Marcos. South Cove is one of the rare examples of a coastal-urban feel. South Cove will remind you of something you would find in a downtown environment but it’s right on the California coast.”