Meritage Homes has acquired a five-story office building in Santa Ana for $19.2 million, planning to convert it into 86 townhomes. This redevelopment project will replace the former office space, which was entitled for residential use, with three-story townhomes and live-work units. Designed by Kevin L. Crook Architect, the townhomes will reflect contemporary architectural styles and provide amenities like parking and garage spaces. By utilizing density bonus incentives, Meritage aims to ensure affordable housing through five units for low-income households, aligning with local housing needs and trends.
Meritage Homes purchased a vacant five-story office site for $19.2 million to develop 86 townhomes, enhancing residential options in Santa Ana.
The project includes a mix of three-story townhomes and live-work units, designed with contemporary aesthetics, consistent with residential development trends in Santa Ana.
Leveraging density bonus incentives, Meritage will allocate five townhomes for very low-income families, supporting affordable housing initiatives in the local community.
The townhomes' designs will offer various architectural styles and a large parking provision, showcasing a commitment to responsive urban development.
Collection
[
|
...
]