X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

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.”

Kelsi Maree Borland

Kelsi Maree Borland is a freelance writer and editor living in Los Angeles whose work has appeared in such publications as Travel + Leisure, Angeleno and Los Angeles Magazine.

More from this author

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.