Apsara Long Beach, a proposed 161-unit development at 400 E. Anaheim St., is one of thousands of housing developments being proposed across the country. But unlike those projects, it could alter the way we zone for residential and how we develop our inclusionary ordinances.
Category: Feature News
Auction for Laguna Niguel’s Ziggurat closes with $177 million final bid
In yet another surprising twist surrounding Laguna Niguel’s Ziggurat, a real estate startup from Long Beach says it’s the winning bidder for the government office complex.
Hilco Development Services said Tuesday, Nov. 5, that it won a lengthy federal auction for the Chet Holifield Federal Building and its 89 acres of prime south Orange County land.
The company’s $177 million bid – $107 million above the initial asking price – was the highest in an online auction with unidentified bidders that ran almost five months and ended Oct. 24.