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New "Fast-Track" Housing Development

By Robert MacGuire Friday, May 22, 2020

Today on the Southern California Real Estate Report we look at the first housing project to take advantage of a 2008 law that allows for more dense housing near transit lines.

The project takes advantage of SB 375 which allows for developers to only conduct a cursory CEQA review, instead of a full analysis, which saves time and money.

The site is located on Clairemont drive and is a 3.55 acre lot near the trolly line.

The new project will include a 156-unit apartment building, some commercial space with restaurants and have 399 parking spaces.

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Author

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Robert MacGuire
Founder
Founder and Principal of Income Property Advisors, Inc., Robert MacGuire has been involved in the management, marketing and sales of residential income and commercial properties in San Diego and Santa Barbra Counties since 1998. His specialty is multi-family and residential income properties and representing buyers and sellers in the purchase of these properties. Mr. MacGuire has become known for his fair and aggressive representation of his clients and this has earned him the respect and busine...
Founder and Principal of Income Property Advisors, Inc., Robert MacGuire has been involved in the management, marketing and sales of residential income and commercial properties in San Diego and Santa Barbra Counties since 1998. His specialty is multi-family and residential income properties and representing buyers and sellers in the purchase of these properties. Mr. MacGuire has become known for his fair and aggressive representation of his clients and this has earned him the respect and business of many established Real Estate investors in San Diego and Santa Barbra County. Income Property Advisors, Inc., currently manages approximately 100 million dollars’ worth of multi-family and residential income assets. Mr. MacGuire has been involved in numerous Real Estate transactions in San Diego and Santa Barbara County earning him top producer designations in multiple commercial Real Estate offices over his 20-year career as an Agent and Broker. Mr. MacGuire is a member of the National Association of Realtors (NAR), California Association of Realtors (CAR), the National Association of Residential Property Managers (NARPM) and the San Diego County Apartment Association (SDCAA) He is a licensed Real Estate Broker in the State of California. He attended the University of Colorado, Boulder.
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