Plan amendment
Riverside, 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
Riverside, CA
33.95300, -117.39600 · approximate (jurisdiction center)
Street view
At street level
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
- Filed with jurisdiction2026-05-2766 days on record
- Scored by BedrockRelevance 5 / 5Automated land-use signal
- Current statusAgenda ReadyLive municipal record
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