Monday, April 29, 2013

Forward Momentum in Huntington Beach Housing

Key Projects in Huntington Beach Move Forward; Pacific City Stalls
Overall Trend is Still Onward and Upward in HB

I admit that ever since the golf course was removed in the early 1990's from the location of the now proposed development of Pacific City, which I discussed excitedly in a previous blog, I have been hopeful that something would be made use of this ridiculously gorgeous piece of real estate just off of Pacific Coast Highway.  Nearly twenty years there has been a vacant lot of land begging to be utilized between Huntington Street to the south and 1st street to the north, with Atlanta Avenue forming the ‘inland’ border along PCH.  I hoped there was at least going to be some broken ground by now for "Pacific City" to begin taking shape, but alas, there are delays in the project.

I am consoled by the many other projects which have been permitted and are in full swing to bring some real estate and overall economic vibrancy in their wake.  One such project is the Boardwalk Apartments on the old Levitz department store site at Edinger and Gothard near both Bella Terra shopping center and Golden West College.  Construction is already underway and scheduled completion for the 487 apartments with 10,000 square feet of commercial space on the ground level by Fall of 2014.  Apartments will range from 594 to 1,357 square feet and will feature studio, one and two bedroom floor plans.

Nearby, the Residneces at Bella Terra are nearing the completion of their first phase by the end of May this year.  The apartments adjascent to the world renown mall will range in size from 500 to 1,400 square feet and will represent studio, 1, 2 and 3 bedroom floor plans.  Bella Terra has already reiimagined the entire "freeway close" section of Huntington Beach and while remaining distinctly 'HB' in personality, brings a powerful new shot of residential real estate energy into the community with the Residences project well on its way to completion.

There are many more projects to discuss, all of which signal an exciting time to get into the Huntington Beach real estate market as buyer, seller, or both!



Ann Stefanucci
DRE #00635764
First Team Real Estate
562-244-8021

beachareasspecialist.com



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