Great Park District 1 West - Novel Park

[Burn That Belly]

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[paperboyNC]

IHS- Any idea what qualifies as "moderate" income for the senior apartments? How would a senior get on the wait list?

[IHS3000]

IHS- Any idea what qualifies as "moderate" income for the senior apartments? How would a senior get on the wait list?

IHO, I would look at the other Great Park senior housing  at Solaira at Pavilion and Luxaira near Sterling as a reference point. Both of those senior developments are managed by the Related Co. and  require a formal screening of senior tenants like an application and Solaira mentioned an interview too. Luxaira had a lottery to determine senior tenants.  I attached the income requirements for these Great Park senior housing. Here is the application for Solaira.

http://apts247-cms-media.s3.amazonaws.com/08/080081414006439193afa451d9341edf/pdf/community/solaira20160901.pdf

https://www.luxairaliving.com/#faq_section

https://www.solairaliving.com/#faq_section

http://www.whablog.com/2016/11/16/luxaira-senior-affordable-apartments/

Irvinehomeshopper provided insightful information about affordable housing and the criteria last year too.

http://www.talkirvine.com/index.php/topic,15398.0.html

[IHS3000]

8 Pack at Great Park District  1 - West



The only detached condo community in GP District 1-West!

64 units
4 Floor plans
1,657 to 2,357 sq ft.
3 or 4 bedrooms
3.5 or 2.5 bathrooms

The detached condo 8 pack will be at Irvine Blvd and Ridge Valley. Homes designed by Irvinehomeshopper. I bet these detached condos will sell quick like Carlisle.

After reviewing the development plans, it appears this 8 pack is the only detached community in District 1 - West!

How much will these detached condos go for?

Points of Interest

Abstract elevation is nice. The big window is nice.

Likely zoned for Beacon Park School (K-8)

4 bedroom in the Plan 3 (plan is almost similar to Deco Pontiac and Carlisle Residence 3)

Walk in pantry for Plan 4

Some of those 8 pack condos back up to  Irvine Blvd homes and are going to hear road noise.

[IHS3000]

Market Rate - 8 Pack - 64 units

The detached condo 8 pack will be at Irvine Blvd and Ridge Valley. Homes designed by Irvinehomeshopper. I bet these detached condos will sell quick like Carlisle.

After reviewing the development plans, it appears this 8 pack is the only detached community in District 1 - West!

How much will these detached condos go for?


Points of Interest

Abstract elevation is nice. The big window is nice.

Likely zoned for Beacon Park School (K-8)

4 bedroom in the Plan 3 (plan is almost similar to Deco Pontiac and Carlisle Residence 3)

Walk in pantry for Plan 4

Some of those 8 pack condos back up to  Irvine Blvd homes and are going to hear road noise.

Floor plans for the 8 pack.

[Kings]

never have I ever seen so many tri-story units than what's being built lately in Irvine.  guess you gotta do everything you can to pack as much SF into as small of a lot as you can.

[eyephone]

Tri-story is the new thing?

[Jantoven]

Tri-story is the new thing?

I guess so.  I was surprised how quickly Parasol Park sold... seems like it's ultra-high density living, which I imagine most would want to avoid, but maybe people don't mind that anymore?

[USCTrojanCPA]

Tri-story is the new thing?

I guess so.  I was surprised how quickly Parasol Park sold... seems like it's ultra-high density living, which I imagine most would want to avoid, but maybe people don't mind that anymore?

The lack of resale inventory in the sub $800k is probably one driver of those 3-level condos being sold. 

[IHS3000]

REAL ESTATE: MARKET RATE CONDOS WOULD START AT 654 SF
FivePoint Plots More Affordable Offerings in Irvine

http://www.ocbj.com/news/2018/apr/09/fivepoint-plots-more-affordable-offerings-irvine/

Note: you need a OCBJ subscription to read the story

Looks like the city is moving forward with the new District 1-West condo plans at the last planning meeting. The city’s planning commission has the new senior affordable apartment development up for consideration next week.

11 Pack at Great Park District 1 - West





55 units
5 floorplans
654 to 1,548 sq ft.
1, 2, 3 bedroom plans
1 or 2 bathrooms
Attached community (flats)

I checked out the new plans and saw the 11 unit development with the one bedroom plan. The one bedroom  unit appears to be on the second and third floor. Looks like this one bedroom condo is going to happen with possibly only 10 one bedroom units going on the future market. I believe it will sell well (see attachment for the floor plan).

The 11 unit plan is attached, has 55 units, near parks and has five large buildings. The 11 unit plan was designed by the same architect who built the recent one bedroom condo plan at Azure in Rancho Mission Viejo which is selling well.

The 11 unit has one condo unit on the first floor and a lobby. There are five condo units on the second and third floor.

[IHS3000]

I checked out the new plans and saw the 11 unit development with the one bedroom plan. The one bedroom  unit appears to be on the second and third floor. Looks like this one bedroom condo is going to happen with possibly only 10 one bedroom units going on the future market. I believe it will sell well (see attachment for the floor plan).

The 11 unit plan is attached, has 55 units, near parks and has five large buildings. The 11 unit plan was designed by the same architect who built the recent one bedroom condo plan at Azure in Rancho Mission Viejo which is selling well.

The 11 unit has one condo unit on the first floor and a lobby. I bet it will have an elevator too because the units do not appear to have direct garage access to their unit. There are five condo units on the second and third floor.

There will be five floor plans for the 11 pack development. The third floor plan is only unit on the first floor.  The floor plans are attached.

[IHS3000]

Tripack Duets at Great Park District 1 - West



48 Units
3 floorplans
1,748 to 2,239 sq ft.
3 bedrooms
3 or 3.5 bathrooms
Attached condos

Map and elevations attached

Some units are next to Ridge Valley Rd.

I bet the units near the park will go for a premium!

[IHS3000]

Tripack Duets

48 Units
3 floorplans
1,748 to 2,239 sq ft.
3 bedrooms
3 or 3.5 bathrooms

Map and elevations attached.

Floor plans and other information for Tripack Duets attached.

[IHS3000]

Twin Towns A and Twin Towns B at Great Park District 1 - West



120 Units
3 floorplans
1,801 to 2,053 sq ft.
3 bedrooms
3 or 3.5 bathrooms
Attached condos

The largest unit count for the development.

Paired homes like Amethyst at Parasol Park, but some have a third floor option.

Some units are near Paramount St.

Some units are near a park too!

[IHS3000]

Twin Towns A and Twin Towns B at Great Park District 1 - West

120 Units
3 floorplans
1,801 to 2,053 sq ft.
3 bedrooms
3 or 3.5 bathrooms

The largest unit count for the development.

Paired homes like Amethyst at Parasol Park.

Elevation photos attached for Twin Towns A and Twin Towns B