How Outdoor Space Makes for Successful Real Estate

Buchanan: “While access to open space has always been a critical element in selling or renting residential units, especially to families, it is now playing a significant role in office leasing.”

TUSTIN, CA—Advances in technology in the last few years have made outdoor space into a realistic extension of the work environment, and this space has become a critical element in attracting and retaining talent, the City of Tustin’s director of economic development John Buchanan tells GlobeSt.com. As we recently reported, the City of Tustin recently announced that work has begun on the initial 26-acre segment of Tustin Legacy Park, which runs from the corner of Red Hill Ave. and Barranca Pkwy. to Armstrong Ave.

Phase one of this segment calls for grading of the entire site and planting of the detention basin area. This phase is estimated to be complete by late spring 2017 at an estimated cost of $5.1 million. Located at the southwest corner of Tustin Legacy, this phase will be a passive park with trails and open space areas and will feature native and naturalized plants and a botanic walk which emphasizes water wise planting. The feature will be designed as somewhat wild, encouraging exploration of the outdoor environment and appreciation of California’s native plants. A small wetlands will be incorporated with bulrush and cattail, and grasses and wildflowers will be planted in the detention basin.