Newport Beach approves market-rate condos from Lincoln Property near John Wayne airport

Newport Beach officials gave the green light to a condominium development near John Wayne International Airport.  The Newport Beach Planning Commission approved the development of 100 market-rate condos, known as The Residences at 1500 Quail Street, the Los Angeles Times reported. The application comes from an LLC known as Quail Newport Owner, linked in city records to Lincoln Property Company.  The Residences at 1500 Quail Street will replace an existing office building at the site and become part of the forthcoming Newport Place planned community. The development will contain 100 three- and four-bedroom condos for sale spread across 24 buildings […]This article originally appeared on The Real Deal. Click here to read the full story.