Plan amendment
Newport Place Planned Community (PC-11), Newport Beach, CA
4/ 5
High impact
Bedrock impact score
Action type
Plan amendment
Asset class
Multifamily / Residential
Status
Consent Agenda
Filed
2026-07-09
Jurisdiction
Newport Beach, CA
Days on record
23 days
01Investment highlights
Why this deal matters
- Plan amendment in Newport Beach, CA · Multifamily / Residential
- Bedrock impact score 4 of 5 — High impact
- Any change to the inclusionary for-sale housing threshold inside PC-11's Residential Overlay directly shifts the affordable-unit obligation
- And therefore pro forma economics
- For any residential or mixed-use project you're underwriting within this planned community.
- On the municipal record 23 days (filed 2026-07-09)
02Deal summary
The rationale
Any change to the inclusionary for-sale housing threshold inside PC-11's Residential Overlay directly shifts the affordable-unit obligation—and therefore pro forma economics—for any residential or mixed-use project you're underwriting within this planned community.
Newport Beach is adopting Ordinance No. 2026-10 to amend the Newport Place Planned Community Development Plan (PC-11) to modify the minimum percentage of inclusionary for-sale housing required within the Residential Overlay.
03Deal facts
The filing record
- Jurisdiction
- Newport Beach, CA
- Action type
- Plan amendment
- Asset class
- Multifamily / Residential
- File number
- #26-2589
- Status
- Consent Agenda
- Filed
- 2026-07-09
- Days on record
- 23 days
04Location
Where this sits
Newport Place Planned Community (PC-11), Newport Beach, CA
33.61900, -117.92900 · approximate (jurisdiction center)
Street view
At street level
Property record
Parcel & ownership
- APN / Parcel
- 423-122-01
- Year built
- 1973
Parcel data · Orange County Public Works
Area demographics
Orange County
3,170,345
Population
$94,441
Median HH income
1,040,001
Households
$1,827
Median rent
U.S. Census · ACS 5-year
Nearby amenities
Within ~1 mile
20 Transit
20 Schools
20 Dining
1 Grocery
6 Banks
18 Parks
Points of interest · Google Places
05Record timeline
Filing to current status
- Filed with jurisdiction2026-07-0923 days on record
- Scored by BedrockRelevance 4 / 5Automated land-use signal
- Current statusConsent AgendaLive municipal record
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