Plan amendment

Riverside, CA

Agenda ReadyRiverside, CA
5/ 5
Prime signal
Bedrock impact score
Action type
Plan amendment
Asset class
Multi-asset · site-wide
Status
Agenda Ready
Filed
2026-05-27
Jurisdiction
Riverside, CA
Days on record
66 days
01Investment highlights

Why this deal matters

  • Plan amendment in Riverside, CA
  • Bedrock impact score 5 of 5 — Prime signal
  • This ordinance unlocks a new conversion pipeline city-wide
  • Developers holding or eyeing underperforming office, retail, or industrial assets in Riverside now have a formal, incentive-backed regulatory pathway to reposition them as residential.
  • On the municipal record 66 days (filed 2026-05-27)
02Deal summary

The rationale

This ordinance unlocks a new conversion pipeline city-wide — developers holding or eyeing underperforming office, retail, or industrial assets in Riverside now have a formal, incentive-backed regulatory pathway to reposition them as residential.

Riverside, CA is adopting a citywide Adaptive Reuse Ordinance (Zoning Text Amendment PC-2025-00427) amending Titles 16 and 19 of the Municipal Code to establish regulations and incentives for converting existing non-residential buildings to residential uses in designated areas.

03Deal facts

The filing record

Jurisdiction
Riverside, CA
Action type
Plan amendment
Asset class
Multi-asset · site-wide
File number
#26-1957
Applicant
City of Riverside
Status
Agenda Ready
Filed
2026-05-27
Days on record
66 days
04Location

Where this sits

Approximate — centered on the jurisdiction (no exact street address on file).Esri World Imagery
Riverside, CA
33.95300, -117.39600 · approximate (jurisdiction center)
Street view

At street level

Street view of Riverside, CA
Google Street View · nearest outdoor imagery
Property record

Parcel & ownership

APN / Parcel
225231029
Lot size
1.29 acres
Land use
Office - General
Parcel data · Riverside County Assessor
Area demographics

Riverside County

2,437,864
Population
$70,732
Median HH income
736,413
Households
$1,269
Median rent
U.S. Census · ACS 5-year
Nearby amenities

Within ~1 mile

20 Transit
20 Schools
20 Dining
3 Grocery
12 Banks
5 Parks
Points of interest · Google Places
05Record timeline

Filing to current status

  1. Filed with jurisdiction
    2026-05-27
    66 days on record
  2. Scored by Bedrock
    Relevance 5 / 5
    Automated land-use signal
  3. Current status
    Agenda Ready
    Live municipal record
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