The plan is to have 50,000sf of Office & Commercial/Retail (about 4.8 acres of the site). A park that is 1.8 acres, an Oak Preserve that is about 1.3 acres, on the "north site" and 162 apartments (735sf-1,281sf per unit stacked three high) on about 7 acres on the "south site".
There's is no need to get too deep into the specifics at this point. We're at a very early stage here. They will be needing to complete an EIR and it will be well after Summer before this project gets to the Planning Commission.
If you have questions or concerns about this project you can contact City Planner Matt Bassi.
Matthew Bassi Planning Director
Phone: 951-677-7751 x 213
You have a couple of more days to get your statements in if you want them to be part of the EIR.
There were 6 public speakers. Speaking about things ranging from trails, max occupancy rules, roads, drainage, whether the park will be a city park or a private park, Clinton Keith widening, and when I spoke I mentioned the apartments. I was wondering if they were going to be overpriced like the ones that are currently here in town, or something affordable that the local youth might be able to afford.
Matt Bassi answered my query by saying something like, 'Most likely the prices will be set by the market. The apartments at Oak Springs Ranch has had to reduce their prices and are still only at 50% occupancy.'
I've been to Oak Springs Ranch and the apartments are nice... but they are STILL only apartments... and they are STILL in our humble little Wildomar... not Irvine.
Stay tuned... more on this as the year unfolds.
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