Search
 

Examining Redevelopment Renaissance in Newport Beach

The new crop of three-story residences going up in Newport Beach, Newport Mesa and Western Costa Mesa is capitalizing on the drive for density, sustainability and more efficient use of living space, MBK's Rick Fletcher tells GlobeSt.com.

By Carrie Rossenfeld | carrierossenfeld | Updated on September 01, 2017

Rick Fletcher Fletcher: “The benefits of a three-story home like this are you get a side-by-side two-car garage, a large bedroom on the first floor, a main living area on the second floor and a lot more space to work with because you’re not sharing that living space with a two-car garage.”

NEWPORT BEACH, CA—The new crop of three-story residences going up in Newport Beach, Newport Mesa and Western Costa Mesa is capitalizing on the drive for density, sustainability and more efficient use of living space, MBK Homes’ VP of real estate operations Rick Fletcher tells GlobeSt.com. The trend might well be called a redevelopment renaissance in these areas, which have quickly become the center of Orange County’s commerce, culture, cuisine and more.

Newport Beach’s newest residential community, Ebb Tide by MBK Homes, is one example of this trend. Each three-level home includes a rooftop deck that covers the entire footprint of the home—some more than 800 square feet—acting as a super-sized take on the already popular trend towards outdoor living.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

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 © 2024 ALM Global, LLC. All Rights Reserved.