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Murrieta council introduces development agreement for 'Shops at the Triangle' project
Summary
Council introduced the first reading of an ordinance approving a development agreement with Trace Australias LLC and Domenigoni Barton Properties LLC for the Shops at the Triangle, a multi-phase commercial project on roughly 64 acres along Murrieta Hot Springs Road; staff outlined a 10-year vesting term and public-benefit provisions including off-site street improvements and billboard relocation language.
Murrieta — The Murrieta City Council on Sept. 2 introduced the first reading of an ordinance to authorize a development agreement between the city and the property owner/developer for the Shops at the Triangle project, a multi-phase commercial development on about 64 acres south of Murrieta Hot Springs Road between Interstate 15 and Interstate 215.
Planning staff, represented by Mr. Chantironsu, told the council the site traces to a 1990 County-specific plan and a 2013 city amendment that re-envisioned the property from an indoor mall to an outdoor shopping…
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