Rezoning
3093, 2993 Mission Inn Avenue; 3596 Commerce Street; 2993 Sixth Street; 2992 & 3008 Fifth Street, Riverside, CA
5/ 5
Prime signal
Bedrock impact score
Action type
Rezoning
Asset class
Multi-asset · site-wide
Status
Agenda Ready
Filed
2026-07-07
Jurisdiction
Riverside, CA
Days on record
25 days
01Investment highlights
Why this deal matters
- Rezoning in Riverside, CA
- Bedrock impact score 5 of 5 — Prime signal
- This is a straight industrial-to-mixed-use rezoning on 7 acres in a named Specific Plan area
- A greenlight for residential and commercial entitlements where ground-floor retail or multifamily was previously blocked, but the Cultural Resources and Historic District overlays will add design and review constraints that can slow and complicate permitting.
- On the municipal record 25 days (filed 2026-07-07)
02Deal summary
The rationale
This is a straight industrial-to-mixed-use rezoning on 7 acres in a named Specific Plan area — a greenlight for residential and commercial entitlements where ground-floor retail or multifamily was previously blocked, but the Cultural Resources and Historic District overlays will add design and review constraints that can slow and complicate permitting.
The City of Riverside is adopting an ordinance to rezone ~7.03 acres at multiple addresses along Commerce Street (between Mission Inn Ave and 5th Street) from Business and Manufacturing Park / Specific Plan (BMP-SP and BMP-SP-CR) zones to Mixed Use-Urban / Specific Plan (MU-U-SP and MU-U-SP-CR) zones, including Cultural Resources and Historic District overlays.
03Deal facts
The filing record
- Jurisdiction
- Riverside, CA
- Action type
- Rezoning
- Asset class
- Multi-asset · site-wide
- File number
- #26-2354
- Status
- Agenda Ready
- Filed
- 2026-07-07
- Days on record
- 25 days
04Location
Where this sits
3093, 2993 Mission Inn Avenue; 3596 Commerce Street; 2993 Sixth Street; 2992 & 3008 Fifth Street, 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 jurisdiction2026-07-0725 days on record
- Scored by BedrockRelevance 5 / 5Automated land-use signal
- Current statusAgenda ReadyLive municipal record
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More in Riverside, CA
5RezoningRiverside, CA5Council actionCorner of Fifth and Orange Streets (Lot 33 / Convention Center), Riverside, CA5Subdivision6251 & 11130 Alhambra Avenue; 6204 & 6244 La Sierra Avenue, Riverside, CA5Plan amendment3093 & 2993 Mission Inn Avenue, 3596 Commerce Street, 2993 Sixth Street, 2992 & 3008 Fifth Street, Riverside, CA