Landsea Homes Plans Newport Beach Townhomes

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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.

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Michael Anderson
Michael Anderson 247 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.

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