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At the regular meeting of the Cypress City Council held on May 10, 2021, the Council approved a proposal from Melia Homes to build 135 multi-family homes on a portion of unused parking lot at Los Alamitos Race Course (LARC).
The location of the now-approved proposal is northeast of the site of the Shea commercial project fronting on Katella Avenue. The Shea Homes project site has already been fenced off. According to a spokesman from Melia Homes, their worksite will also be fenced off once the sale of the property has been completed. He expects fencing to take place by mid July. Once fencing is in place, drivers seeking a quick shortcut across the Race Course parking lot to or from Costco will be forced to use Winners Circle, Katella Avenue, or Walker Street.