Latest Breaking News On - Newport development - Page 6 : comparemela.com
NEWPORT BEACH, CA - Parkview Financial announced today it has provided an $80 million construction loan to One Newport Development, LLC for the development of Uptown Newport, a residential project consisting of 66 for-sale luxury condominiums at 4311 to 4321 Jamboree Road in Newport Beach, CA. Situated on a 1.06-acre land parcel near the major cross street of MacArthur Blvd., the fully entitled property has undergone grading, and with this loan in place, vertical construction is scheduled to commence in early 2021 with completion anticipated for late 2022.
The six-story property will feature units ranging from 1,100-square-foot one-bedroom units to three-bedroom units totaling up to 3,285 sf with estimated pricing ranging from $1.1 million to $4.3 million. The units will feature a myriad of upgrades and special touches including ten-foot high ceilings, modern gas fireplace in the living room with stone surround, quartz countertop and backsplash in the kitchen, upgraded appliances in
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