Shopoff Realty Investments has secured unanimous approval from the Buena Park City Council for 5600 Beach Blvd, a 13.76-acre residential development in Buena Park. The property is currently occupied by the Amway Corporation with a corporate sale-leaseback in place until the end of 2026 and consists of two industrial buildings totaling approximately 370,031 square feet.

“5600 Beach Blvd represents an important step forward for Orange County and is intended to help address the need for attainable and diverse housing options for first-time homebuyers and for Buena Park’s growing senior population,” said Shopoff Realty Investments’ president and CEO, Bill Shopoff. “Transforming an industrial site into a vibrant residential community aligns with the city and county’s evolving needs, providing homes for people at every stage of life.”

The development aims to deliver 231 three-story townhomes and duplex units, offered with four different floor plans, along with 50 for-rent senior affordable housing units. Homes are expected to be delivered in 2029-2030.

The post Shopoff Secures Approval for Buena Park Residential Development appeared first on Connect CRE.