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NEWPORT BEACH, CA-Marshall Property & Development LLC isplanning to renovate two Newport Beach towers totaling nearly50,000 square feet into a mix of high-end townhouses, penthouses,shops and offices.

The first of the two towers to be redeveloped will be thefive-floor, 21,000-square-foot office tower at 3388 Via Lido.Construction is anticipated to commence in Q1 2011. The secondtower at 3355 Via Lido will be converted into a three-floor,17-home townhouse community. For the full story, go toOrange County BusinessJournal.


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