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Resurgence of Live/Work Loft Projects In Newport Beach

Newport Lofts is the first live/work loft project in the market for more than 10 years, but it is the first of many to come.

The Lofts The Lofts

Live-work lofts are making a comeback. The Lofts in Newport is the first live-work loft development to come to the market in more than a decade, and it is the first of several loft and live-work loft projects slated for development in the area. A resurgence of demand for lifestyle product and a short supply of live-work lofts has catalyzed the new development trend.

“The Lofts are spearheading the revival of live-work development in this neighborhood of the Lido Marina,” Andrew McDonald of the Agency, tells GlobeSt.com. “This is a growing trend, and it is something that we will see more of in the area. There are currently 15 different loft projects that are in permitting. Not all of them are live/work, but several are, and all of them are end-user.”

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Kelsi Maree Borland

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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