150 Newport Center is located in the City of Newport Beach. The proposed development is located south of Fashion Island and the developer is Newport Center Anacapa Associates, LLC. The proposed project consists of a 7 story residential mid-rise and the project site is 1.26 acre.
Site Plan (Credit: City of Newport Beach):
Rendering:
Construction Schedule:
The project site currently has an existing 8,500 square ft. car wash, gas station, and surface parking. To construct the proposed project, the existing building and surface parking would have to be demolished which would take about a month.
Afterwards, the overall construction of the proposed project is estimated to take about 18 months.
Newport Center Developments (Proposed, Under Construction, and Existing):
With regard to high density residential developments in the Newport Center area, 150 Newport Center is not the only proposed development. LAOCDB reported about Museum House, a proposed 26 story residential condominium tower located at the northern area of Newport Center. North of Museum House is an under construction multifamily development at San Joaquin Plaza consisting of 524 apartment units from developer Irvine Company (SABP Reprographics). South of the proposed Museum House is the existing The Colony apartments from Irvine Company. Abutting the Newport Beach Country Club, The New Home Co. developed Meridian which consists of 79 luxury condominiums (LA Times). According to New Home Co. the Meridian's last unit was sold as their webpage states, " Thank you for your interest in Meridian's Newport Beach residences by The New Home Company. Meridian recently sold its final residence. If you are interested in viewing other neighborhoods by The New Home Company in the Orange County area, CLICK HERE." (The New Home Co.).
References:
150 Newport Center CEQA Initial Study Report
City of Newport Beach: Projects & Issues: 150 Newport Center