California CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Condos with a Twist: Pelican Properties Receives Green Light
Newport Beach-based Pelican Properties has reportedly received city council approval to move forward with development plans for a much-needed multi-level parking structure in downtown Oceanside. Interestingly, the $20-million North Beach Promenade is accompanied by a small condominium component.
Located on a 1.6-acre lot at 300 N. Cleveland St., the project is slated to include 438 parking spots, 52 condominiums, 9,400 square feet of commercial space, and a 4,200-square-foot public plaza.
The new six-level parking structure replaces a 178-space public parking lot, and will help remedy the loss of parking as a result of other downtown Oceanside developments.
Sources say construction could start as early as April, with 357 parking places designated for public use, and 81 spots reserved for condo residents.


