Southern California Real Estate Report

Southern California Real Estate Report


New "Fast-Track" Housing Development

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.