Landsea Homes Plans Newport Beach Townhomes

Builder Online

Builder

Landsea Homes, the U.S. arm of China-based Landsea Group, has acquired 1.2 acres adjacent to Lido Marina Village in Newport Beach, where the home builder plans to develop Lido Villas, a luxury townhome project featuring 23 3-story units overlooking the Lido Marina and Newport Bay. “We are very excited about the recent purchase for our luxury townhome community in Newport Beach. It is a great new addition to our California portfolio and extends our company’s commitment to offer high-quality homes in some Southern California’s most highly desirable and livable locations,” said Greg Balen, president of Landsea Homes California.

Read More

Previous Orange County: Where Master-Planned Communities Reign
Next Escondido Commission OKs Major Housing Development

About author

Michael Anderson
Michael Anderson 249 posts

Over the course of his 30-year career, Michael Anderson has worked in the residential development industry in the Pacific Northwest, Northern California and Southern California. He has acquired residential land in excess of $300M for both land development and homebuilding entities and has overseen the construction of approximately 2500 homes. Currently, in semi-retirement, and based out of Newport Beach, CA, Michael continues to invest in and stay abreast of the land markets.

View all posts by this author →

You might also like

Deals

San Diego Res Development Land Sells for $64/SF

A 3.47-acre residential land parcel located within the Pacific Highlands Ranch community in San Diego sold for $9.73 mil ($64/sf).

Deals

Storm Continues Acquisitions with Whittier Buy

Storm Properties, a Torrance-based developer, recently acquired a site in Whittier, at the corner of Hadley Street and Magnolia Avenue, slated for development of 32 townhomes. The property will need

Deals

Shopoff Realty Investments Sells 16.1 Acres of Land After Securing Entitlements for 124 Two-Story Townhomes in Vista, CA

Shopoff Realty Investments, a national manager of opportunistic and value-add real estate investments, announced today that the company has sold 16.1 acres of land entitled for 124 two-story townhomes in the Northern San Diego County suburb of Vista, CA, to a residential developer.