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Planning commission approves subdivision to allow commercial condominiums at Spectrum Center Business Park
Summary
The Lake Forest City Planning Commission unanimously approved a tentative parcel map to subdivide a 17-acre business park into four parcels and allow up to 80 commercial condominium units, subject to conditions including dedications, recorded reciprocal access agreements and CC&Rs.
The Lake Forest City Planning Commission on July approved a tentative parcel map that would subdivide the 17-acre Spectrum Center Business Park into four parcels and allow up to 80 commercial condominium units to be created within existing buildings.
Commission staff said approval of the tentative map would allow tenant spaces within the existing 16 buildings (about 228,000 square feet) to be made condominium units through a separate process administered by the California Department of Real Estate. Ron Santos, who presented the staff report, said no new construction or site alterations are proposed and that the parcels…
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