Wednesday, May 15, 2013

Building Into Another HB Golden Age

Building Again in Huntington Beach

Arguably the lifeblood of real estate, if not the foundation of the economy itself, is building.  Whether it is building, rebuilding, developing, re-developing, or some combination thereof, the act of hammer meeting nail has profound implications on many levels.  For Huntington Beach, as I've often said, it is a signal that the always-resilient town known for regenerating itself while still retaining its personality is doing so yet again.  I've long admired Huntington Beach for many reasons, not the least of which is the city's ability to bounce back in spite of economic adversity, as evident by the construction engine having been ignited once more with some of the many important projects I've been chronicling here.  I thought it was particularly important to share some key Huntington Beach projects which are in full swing and show no signs of slowing down until their respective ribbons are cut.

Construction has begun on the long-proposed Merrill Gardens, a state of the art assisted living community on  Goldenwest Street, just south of Warner and next to the thriving Home Depot location.  Merrill Gardens brings the proven success of 22 vibrant assisted living communities already in California, and several more throughout the country, to Huntington Beach.  Similarly, construction on the Greystar project for the Elan Apartments is in full swing at their intended location on the Southeast corner of Beach and Ellis (coming up on your left as you exit the 405 freeway heading toward the beach along Beach).  The 274 units of 1 and 2 bedroom models along with 8,500 square feet of commercial space is another example of duplicating similar state-of-the-art communities built across the country.  The "duplication effect" of these vital communities from elsewhere in the country holds the same promise for Huntington Beach.

Not to be merely a recipient of duplicated success, Huntington Beach is also an originator of it's own successful real estate endeavors.  The duplication effect of Bella Terra promises to extend the success of one of Huntington Beach's greatest re-inventions across the street in the Edinger Plaza.  Many new anchor tenants including the smart shopper's mecca Nordstrom Rack have committed to Edinger Plaza, along with the plans for an extensive makeover of the center including all-new landscaping.  Without exaggerating, Huntington Beach is entering into a new golden age as a city, the likes of which not seen since the oil and surfing booms of ninety and sixty years ago respectively.  Let's make it your golden age as well.




Ann Stefanucci
714-822-9453



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