A developer Primior has broken ground on First Harbour Plaza in California. Contour Real Estate is the co-developer of the project that is the fitst of two opportunity zone developments for the companies in the city.
First Harbour Plaza is a two building commercial development in an opportunity zone in Santa Ana. The existing 67,953 square foot property il located at the intersection of North Harbour Boulevard and West First Street. It has been owned by the same family for nearly 70 years and will be revitalized into a 40,129-square-foot property that will feature restaurants, retail, office and medical space. Construction is slated to begin in the third quarter of this year, with completion anticipated by early 2020.
Building 1 at First Harbor Plaza will be a two-story structure consisting of 14,400 square feet split between two large anchor suites and five smaller spaces, with the same configuration for both floors. Chase Bank will be the anchor tenant of the property. Building 2 is slated to have approximately 3,880 square feet on the first floor, 3,778 square feet on the second floor split between two suites and 3,778 square feet on the third floor.
Source: CP Exevutive