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Council approves MacArthur Court development agreement for 700‑unit plan with off‑site affordable housing plan
Summary
The council unanimously approved a development agreement for a proposed mixed‑use MacArthur Court project that would allow rights to vest for up to 700 market‑rate units and 10,000 sq ft of retail over 10 years; the voluntary affordable housing plan would require 7% off‑site affordability (about 49 units) or an in‑lieu fee, plus a $3.25 million local revitalization fee and other public benefits.
The Newport Beach City Council voted Nov. 18 to approve a development agreement and an associated Affordable Housing Implementation Plan (AHIP) for the MacArthur Court site in the airport area, after a staff presentation and public comment.
Principal Planner Liz Westmoreland told the council the conceptual project submitted by the Irvine Company would comprise five parcels on the far east side of the city near the Irvine border, and could include up to 700 apartment dwelling units plus 10,000 square feet of retail or restaurant space. The applicant has requested a voluntary 10‑year development agreement to vest…
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