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FULL PACKET_2010-08-16
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FULL PACKET_2010-08-16
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3/18/2016 3:13:06 PM
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10/19/2010 4:44:11 PM
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City Clerk
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Agenda Packet
Date
8/16/2010
Destruction Year
2015
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Residential <br />............................................. <br />Downtown continues to evolve as a vibrant urban destination. <br />This year, City Ventures will finish their Phase 1 Project with four lofts and four Iive/work units. The additional units will <br />fulfill the need for a diverse housing market. <br />New housing brings vibrant energy to the Downtown District, encourages more businesses to invest in the area and <br />creates a sense of community. While the national housing market has experienced a tremendous slow down, efforts to <br />support the development of quality housing projects that activate the central city continues to be a high priority. <br />There are four different floor plans that vary from approximately 1;500 square feet to 2,400 square feet. Early buyers will <br />have the opportunity to create a living environment that suits their lifestyle needs by laying out the rooms. The expected <br />completion date will be the middle to end of November with prices starting in the mid to high $300s. The live/works will <br />occupy the first and second floor and the lofts will primarily be on the third floor. City Ventures is working with Wells Fargo <br />with an interest rate at a 50 year tow. This complex located in the Artist Village allows residents a walkable lifestyle in <br />Downtown Santa Ana. <br />16 <br />u <br />yy t <br />A <br />There are four different floor plans that vary from approximately 1;500 square feet to 2,400 square feet. Early buyers will <br />have the opportunity to create a living environment that suits their lifestyle needs by laying out the rooms. The expected <br />completion date will be the middle to end of November with prices starting in the mid to high $300s. The live/works will <br />occupy the first and second floor and the lofts will primarily be on the third floor. City Ventures is working with Wells Fargo <br />with an interest rate at a 50 year tow. This complex located in the Artist Village allows residents a walkable lifestyle in <br />Downtown Santa Ana. <br />16 <br />
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