An apartment complex for senior citizens is headed for construction thanks to builder’s remedy. Laguna Hills City Council members voted to approve the project at the La Paz Village shopping center, Voice of OC reported. The project applicant is Nick Buchanan of Cape Point Development, which bought La Paz Village in 2022 for $23.5 million. The project is expected to replace some retail spaces in the mall with 180 studio, one- and two-bedroom apartments for tenants ages 55 and up. Of the units slated for construction, 10 percent of them, or 18 total, are set aside for very-low-income residents. In […]
This article originally appeared on The Real Deal. Click here to read the full story.
Powered by WPeMatico