Plans to transform the Laguna Hills Mall into a mixed-use community will be shared with the community during an upcoming town hall meeting. Proposed blueprints call for 1,500 residential units, 465,000-square-feet of office space, and 250,000-square-feet of retail and entertainment space. A hotel and 2.5-acre multipurpose park are also planned for the land, which is owned by Merlone Geir. “It’s an environment for the community to come eat, drink, hang out with friends,” Stephen Logan, vice president and developer at Merlone Geir, told The Epoch Times. “It’s an all-encompassing place for everybody to be a part of.” There are many community benefits within the plan, said Logan, including job creation and the incorporation of 200 affordable housing units. Laguna Hills Mayor Erica Pezold told The Epoch Times that Merlone Geir is asking the city enter into a development agreement that would provide monetary and nonmonetary public benefits in exchange for a 15-year development agreement term. Despite the appeal, …
Tags: PUBLIC RELEASE
