Title
THE RESIDENCES AT AIRPORT VILLAGE (PA2023-0223)
Site Location: 4540, 4570, 4600, and 4630 Campus Drive, and 4525, 4533, and 4647 MacArthur Boulevard
Recommendation
Summary:
The applicant is requesting approval for the demolition of seven commercial buildings and surface parking and the construction of 444 for-rent residential units atop an 806-space parking structure (Project). The following approvals are requested to implement the project as proposed:
· Major Site Development Review (SDR): An SDR in accordance with the Newport Airport Village Planned Community (PC-60) and Section 20.52.80 (Site Development Reviews) of the Newport Beach Municipal Code (NBMC), for the construction of the Project;
· Affordable Housing Implementation Plan (AHIP): A plan specifying how the Project would meet the City’s affordable housing requirements, in exchange for a request of 35% increase in density. The applicant seeks two development standard waivers related to the overall residential project density range and private open space for each residential unit, and a development concession related to the mix of affordable units pursuant to Chapter 20.32 (Density Bonus) of the NBMC and Government Code Section 65915 (Density Bonus Law); and
· Tentative Parcel Map: A tentative parcel map to consolidate five lots into one 6.44- gross acre (6.16-net acre) parcel, pursuant to Chapter 19.12 (Tentative Map Review) of the NBMC.
Recommended Actions:
1. Conduct a public hearing;
2. Find that all potential environmental effects for the Project have been adequately addressed in the previously adopted Newport Airport Village Environmental Impact Report Addendum No. 3, and the City of Newport Beach intends to use said document for the approval of the Project; and
3. Adopt Resolution No. PC2024-005 approving Major Site Development Review, Affordable Housing Implementation Plan, and Tentative Parcel Map for the Residences at Airport Village Project located at 4540, 4570, 4600, and ...
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