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HomeMy WebLinkAboutITEM NO. 7 - INTRCORPIrvine Blvd. Townhome Project Vancouver Seattle Newport Beach Austin City of Tustin City Council January 17, 2023 ABOUT INTRACORP Intracorp has over 7,900 residential units in design or under construction across its four regional markets with offerings in both the rental and for-sale market. DE VELOPMENT PIPELINE 34 projects under construction or in pre-development 4 active markets across the US and Canada $6B value of projects in the pipeline (CAD) 7,900+ residential homes under construction or in pre-development OUR ACTIVE PROJECTS LUX |IRVINE, CA MIREN |ARCADIA,CA DOCENTE |CLAREMONT,CA THE PLACE |COSTA MESA, CA Vancouver Seattle Los Angeles Austin CONDO 53% TOWNHOME 23% RENTAL APARTMENT 24% Intracorp –Southern CaliforniaAt Intracorp So Cal, our diverse team aims to work within existing neighborhoods to carefully curate intimate infill communities. We choose infill development so that we can turn underutilized uses into something meaningful. Our goal is to produce a more vibrant and connected community. Intracorp: Southern California Intracorp: Community Involvement At Intracorp, we don’t just build homes—we help build communities. Through the Intracorp Foundation we work with trusted partners to improve the lives of vulnerable children and youth and enrich communities in a meaningful, lasting way. Local Spotlight: House of Ruth (1941 El Camino Real) Intracorp is partnering with House of Ruth to help families experiencing homelessness achieve housing stability in Orange County. Project Overview Location 17802 & 17842 Irvine Blvd. –Tustin Business Center Site Planning Development Opportunity Public Benefits Decreases traffic Walk Score = 81 Significant investment in a tired property Supports the local economy New residents to frequent local stores and restaurants Promotes pedestrian use and safety with eyes on the street Increases property values Improves the aesthetics of the area with high-quality architecture Community safety Decreases crime and follows Tustin’s Police Department standards Consistent with the updated 2021 –2029 Housing Element Brings diversified product type to the area Contributes to the City’s inclusionary housing initiative June 2022 Initiated contact with adjacent communities August 2022 August 12 Met with Prospect Park HOA to introduce the proposed project August 17 300’ Radius Community Meeting held at Tustin Library September 2022 Continued one-on-one correspondence with neighbors September 15 20-day Public Review Period for CEQA September 30 Follow up meeting with Prospect Park HOA October 2022 October 10 300’ Radius Community Meeting held at Tustin Library October 13 Meeting with Tustin Chamber of Commerce December 2022 Engaged local business community to inform surrounding centers about the project Walked “door-to-door” to local businesses December 7 Meeting with Palmwood Gardens HOA member January 2023 Continued outreach to Prospect Park and Palmwood Gardens Grassroots Community Outreach Initiative Project Renderings Site Details SOUTHERN CALIFORNIA 895 Dove Street, Ste. 400 Newport Beach, CA Phone:(949) 724-5923 INTRACORPHOMES.COM RICK PUFFER|VP DEVELOPMENT email:rpuffer@intracorphomes.com EMILIE SIMARD|PROJECT MANAGER email:esimard@intracorphomes.com Vancouver Seattle N ewpo rt B each Austin Let's Talk. APPENDIX •Property Sections –Adjacent Communities •Existing Conditions vs Proposed •Prospect Park •Palmwood •Open Space •Rooftop Exhibit Property Sections Property Sections South Adjacency –Prospect Park East Adjacency –Palmwood Gardens Edge Conditions –Proposed and Existing Prospect Park View north from Prospect Park (Proposed Townhomes) View south from Prospect Park (Existing Tustin Plaza Apartments) Edge Conditions –Proposed vs. Existing Palmwood Gardens View from Palmwood Gardens’ Entry (Existing Tustin Business Center) View from Palmwood Gardens’ Entry (Proposed Townhomes) Community Open Space Rooftop Deck Detail