Kingsbarn and Kelemen swapping offices for 480 homes in Laguna Hills
Kingsbarn Realty Capital & Development and the Kelemen Company are poised to bulldoze seven vacant office buildings in Laguna Hills to build nearly 500 homes. The respective Las Vegas- and Irvine-based developers announced approvals early this year to construct 480 townhomes and apartments on 18.5 acres at two adjacent office complexes between 23282 and 23422 Mill Creek Drive, the Orange County Business Journal reported. The project, dubbed Terravita, will replace the former HERE@Laguna Hills and Spectrum Summit Plaza office campuses. It was approved by the Laguna Hills City Council in February, but not announced by the developers until this month. […]This article originally appeared on The Real Deal. Click here to read the full story.
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