Residential Development Expected Near John Wayne Airport
The John Wayne Airport is located along the northern boundary of the City of Newport Beach and has a number of residential areas in close proximity. The residential area is about to grow as The Shopoff Group has recently announced plans to replace a couple of old industrial buildings with Uptown Newport Village, a new and innovative residential and retail area.
Construction on phase 1 of the project is scheduled to begin this month. The Village will include 1,244 luxury homes, retail stores, 2 public parks, plazas, fountains and public paseos. The project will also include 483 luxury apartments which are slated for construction by the end of the year. The apartment phase will be located on a 5-acre parcel of land and is a joint effort with The Picerne Group who will handle the development.
A 2.5-acre parcel of land has been allocated for construction of luxury townhomes and condos. The completed project will use about 25-acres of land on Jamboree Road between Birch Street and MacArthur Boulevard. This location which is just minutes from the John Wayne Airport, presents a lot of new and exciting possibilities for airport personnel not to mention helping to promote the city’s economic growth.
For more information about Uptown Newport click here.