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Consultant says CRC land could unlock millions for Laguna Beach; council weighs overlay to preserve options
Summary
Tri Commercial presented valuation scenarios for the 6.3‑acre Community Recreation Center site and two redevelopment concepts (approx. 126 units on half the site, or ~270 units full site). Consultants recommended rezoning/overlay to preserve flexibility; council signaled interest in an overlay while seeking to preserve the existing gym and explore partial housing to meet RHNA obligations.
Consultants told the council Laguna Beach’s Community Recreation Center (CRC) parcel is valuable under multiple scenarios and could generate material proceeds to fund civic reinvestment, but any redevelopment must account for prevailing‑wage and affordable‑housing requirements that reduce net land value.
Ed Del Bacarro of Tri Commercial summarized his land‑valuation work and hypothetical development scenarios for the 6.3‑acre site. He presented two illustrative concepts: a smaller redevelopment of roughly 126 residential units on half of the property that preserves the CRC gym and program space, and a larger full‑site concept of about 270 units. Del Bacarro said the site’s constrained topography yields limited developable square footage (roughly 76,000…
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