Plan amendment

Newport Place Planned Community (PC-11), Newport Beach, CA

Consent AgendaNewport 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

Approximate — centered on the jurisdiction (no exact street address on file).Esri World Imagery
Newport Place Planned Community (PC-11), Newport Beach, CA
33.61900, -117.92900 · approximate (jurisdiction center)
Street view

At street level

Street view of Newport Place Planned Community (PC-11), Newport Beach, CA
Google Street View · nearest outdoor imagery
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

  1. Filed with jurisdiction
    2026-07-09
    23 days on record
  2. Scored by Bedrock
    Relevance 4 / 5
    Automated land-use signal
  3. Current status
    Consent Agenda
    Live municipal record
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