Executed a Purchase and Sale Agreement with CAZ LLC for approximately 0.4 acres at 150 E. First St. within the Downtown Commercial Core Specific Plan (Development Area 2) Released an offering for approximately 44 acres (Neighborhood D South and Neighborhood E) for mixed- use development at Tustin Legacy Extended the Confluent Exclusive Negotiating Agreement (ENA) for a senior congregate care facility to continue negotiations Coordinated development of public and private projects within the South Orange County Community College District (SOCCCD) Advanced Technology & Education Park (ATEP) campus As the Local Reuse Authority for former MCAS Tustin, continued advancing the reuse planning process for 85 acres (Tustin Legacy Specific Plan Neighborhood C) Commenced due diligence activities for the Katherine Spur abandoned rail line Supported the preparation and execution of the City’s second Tustin Legacy Community Workshop Supported the completion of the Landing Profit Participation Agreement financial audit in collaboration with the Finance Department Monetization of Real Property Tustin Legacy Managed the execution and/or extension of approximately 16 license agreements, generating roughly $1.4 million in annual rental revenue Oversaw site management of nearly 580 vacant acres Coordinated and participated in the annual Local Reuse Authority (LRA) public meeting Developed a Tustin Legacy interest list to ensure development opportunities were broadly communicated. Pacific Center East & Old Town Managed leases with two tenants at the 15171 Del Amo warehouse, generating approximately $1.3 million in annual rental revenue Executed a lease extension for the entire property with one of the two tenants at 15171 Del Amo Managed the Static Display Lease with Outfront Media, generating approximately $70,000 in total revenue Conducted an initial feasibility analysis of the Steven’s Square parking structure for potential revitalization
2026-2027 GOALS:
Development of Real Property Execute a Disposition and Development Agreement (DDA) and close escrow for the Confluent Congregate Care Project (Neighborhood D South) Execute a DDA with Lincoln Property Company for approximately 11 acres at Pacific Center East Close escrow with Mariners Church for approximately 3.3 acres at Tustin Legacy (Neighborhood D South) Close escrow with CAZ LLC for approximately 0.4 acres at 150 E. First St. within the Downtown Commercial Core Specific Plan (Development Area 2) Facilitate selection of a developer for the 44-acre offering at Tustin Legacy Continue evaluating and positioning additional City-owned sites in Tustin Legacy for disposition and development Coordinate design review and predevelopment activities and monitor construction of South Orange County Community College District (SOCCCD) Advanced Technology & Education Park (ATEP) public and private projects As the LRA, finalize one or more alternative land use plans for Parcel 18 reuse planning Release an offering for Neighborhood G Support City Council direction regarding the long-term use and future opportunities for the Navy South Hangar
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