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Parkhouse to Break Ground Next Month in Newport Beach
A $90-million luxury condominium community is coming to Newport Beach as part of Shopoff Realty Investments’ $1.25-billion master-planned development, Uptown Newport. Expected to break ground next month, Parkhouse Residences will be included within the 25-acre two-phase Uptown Newport now underway.
Comprised of five distinct buildings, each designed by WHA Architects, Parkhouse Residences will feature a limited collection of 30 homes with a combination of half-floor flats and two-story penthouses priced from approximately $1.9 million. Parkhouse’s residential interiors will be created by Blackband Design. And, just outside is Parkhouse’s namesake – the 1-acre Uptown Park, a shaded village green.
More than a decade in the making and when fully completed, Uptown Newport will feature 1,244 homes and rental apartment residences, up to 11,500 square feet of retail and restaurants, and two 1-acre parks open to the public, as well as plazas, fountains and several public paseos. A two-phase project, the first phase consists of Parkhouse Residences, future retail, an additional residential development, plus the 458-residence One Uptown Newport luxury apartment community.
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