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Irvine, CAThe City of Anaheim has launched a new development agreement that is intended to attract investment and development to the Beach Blvd. corridor. The initiative will bring retail, restaurants and home communities to a 1.5-mile stretch of Beach Blvd. through the sale or lease of city land. The initiative includes flexible development rules and regulations and for development and redevelopment.

“This agreement is designed to get this long-awaited project moving as soon as possible and was led by our Mayor, Harry Sidhu,” Mike Lyster of the City of Anaheim, tells GlobeSt.com. “Once planned as a power center with big boxes, this agreement will bring a mix of townhomes, stores, restaurants and other businesses. The project will add new residents who’ll help support the businesses of 39 Commons. We expect to see plans move forward with the city in coming weeks and construction in 2020.”

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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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