$100M Retail Development Gets Jumpstart

HUNTINGTON BEACH, CA-DJM Capital Partners has acquired approximately 11 acres for the retail and hotel portion of the planned mixed-use, Pacific City development from Crescent Heights.  Consistent with the entitlements, the company plans to develop on the original footprint and with almost 6.5 acres for 191,000-square-feet of open air retail, restaurants and entertainment and four acres for an eight-story hotel. 

“We have a rare opportunity to create an exceptional oceanfront destination in one the world’s most recognized beach cities. Our vision is to bring quality retail and dining that appeal to residents and visitors and do it in a way that reflects the essence of the area,” says Lindsay Parton, president, DJM Development Partners Inc., an affiliate of DJM Capital Partners Inc. “It will be casually sophisticated and environmentally sensitive with an eclectic mix of retailers and restaurants that are both local and global.”