Compiled by Chris Hannigan
Rossmoor Center is undergoing a big renovation. Retail buildings totaling 125,000 square feet were demolished with 130,000 square feet of shops and restaurants set to replace them. Panda Chinese Restaurant, Brunswick Rossmoor Bowl and the Blue Mountain Bagel shop are out. Peet’s Coffee, Corner Bakery and Golden Spoon Yogurt have signed on. The site is on Seal Beach Boulevard just north of the San Diego (I-405) Freeway. Century National Properties Inc. of Santa Monica, which owns Rossmoor Center, is overseeing the redevelopment.
Another retail redevelopment is under way at Main Street and Pacific Coast Highway. Two buildings on the site were razed. A CVS Pharmacy is set to go up within six months. The drugstore is set to replace a closed Pavilions grocery store and a Sav-On Drugs. Los Angeles-based Regency Centers Corp. is the owner and redeveloper.
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A Hampton Inn with some stores is being built at Seal Beach Boulevard and Westminster Boulevard. The hotel is set to have 120 rooms. The Irvine office of Sacramento-based Panattoni Development Co. is the builder. About 25,000 to 30,000 square feet of retail space is planned. No word on specific stores yet.
The City Council has given the go-ahead to Newport Beach-based Robert Mayer Corp. to develop San Sebastian, a senior housing complex at the site of the old Leisure World administration building off La Plata. Plans call for 134 condominiums on 3.1 acres. The condos are set to average 1,200 square feet. A pool, spa, fitness center, media room and barbecuing areas are planned. San Sebastian is taking the place of a building where the Laguna Woods Village Homeowner’s Association once operated. Irvine-based Standard Pacific Corp. is the builder. Plans call for the condos to be completed by winter 2008.
The City Council has approved plans for Prospect Village, a housing, office and retail development in Old Town along Prospect Avenue. Newport Beach-based Pelican Properties is developing the 1-acre Prospect Village, which is owned by Prospect Village LP. The development is set to include 12 three-story townhomes with office space and a 9,000-square-foot, two-story commercial building on a separate parcel. Like other live/work developments, Prospect Village is going after professional families such as architects, engineers and lawyers. The developer also has hinted at the possibility of a coffeehouse, bookstore or dress shop. The two-story commercial building is slated for an upscale restaurant on the first floor, with some shops on the second. Center Stone Construction Inc. of Santa Ana is the general contractor. The Planning Center of Costa Mesa is the architect. The project is set to take a year. Also in Tustin, Rancho Santiago Community College’s law enforcement training facility is halfway complete.
Construction continues on the Back Bay Science Center at Shellmaker Island in Upper Newport Bay. The project is a venture of the city, other government agencies and environmental groups. The 12,900-square-foot facility was approved by the city in 2001 and is set to open in the summer. The center is designed as a place for students and others to learn about environmental protection, restoration and water quality. The estimated construction cost is $5.7 million. Plans call for touch tanks, a working water quality lab, “green” buildings and parking areas, and an active restoration area.
Legacy Partners Inc. of Foster City sold its 2701 Main Street apartment and shops project to Camden Property Trust of Houston. At Main Street and Jamboree Road, the 290 apartments and 7,500 square feet of retail space should be finished in the first quarter, after a delay in construction. Camden is set to take over construction of the project and manage the property. Possible retail tenants include a dry cleaner, nail salon and a bistro.
A Taco Rosa is set to open in the Irvine side of The Market Place shopping center in a few months. It’s set for the corner of Jamboree and El Camino Real, next to the Edwards Tustin Marketplace 10 theaters. Brothers Ivan and Marco Calderon also own local Taco Mesa restaurants as well as the original Taco Rosa in Newport Beach.
Redevelopment continues along El Toro Road with the opening of a Home Depot at El Toro and Rockfield Boulevard. Home Depot replaced a Kmart, which was torn down. Some other shops in the same center are set to open in a few months. Tenants include Coffee Bean & Tea Leaf, Qdoba Mexican Grill, Baskin-Robbins, Mr. Wok, Rite Price Pharmacy and Wachovia. The site is owned by Arbor Lake Forest Retail LP, a partnership managed by the Buchheim family. The family hired Greg McClelland to develop the site.
