The Hanover Company already has two mixed-use developments in the works along Olympic Boulevard, but three makes a party.  According to a presentation given to the DLANC, the Texas-based developer intends to build another seven-story apartment building adjacent to their under-construction Olympic and Hill development.  Dubbed Olympic & Olive, Hanover's newest project would create 263 apartments and 14,500 square feet of ground floor retail space.  The building would sit above a two-and-a-half level underground parking garage, with room for just 250 vehicles.  With less than one automobile space per residential unit, Olympic & Olive joins several other upcoming developments in utilizing the city's bicycle parking ordinance to cut down on costly automobile accommodations.  If you feel like you've seen these renderings before, there's a reason for that.  Like Hanover's other South Park developments, Olympic & Olive was designed by Downtown-based Thomas Cox Architects.  Adding to the confusion, there is another mixed-use project named Olympic & Olive planned on the opposite side of the intersection.  The other Olympic & Olive, to be developed by Florida-based Lennar Multifamily Investors, would stand six stories and contain 201 apartments.  Cookie-cutter designs and confusing naming schemes aside, 2014 is shaping up to be South Park's biggest year ever. 


From the Web

Mixed-Use Development Planned Near Laguna Niguel Metrolink Station

The project is part of the city's Gateway District.

The Laguna Niguel Planning Commission has approved a mixed-use development near the city's Metrolink Station.  The joint venture between Blackwood Real Estate and Walbern, located near the intersection of Crown Valley Parkway and Forbes Road, will consist of 100 two- and three-bedroom apartments in a seven-story building.  Plans also call for 2,700 square feet of ground-floor retail space, as well as a pool courtyard, a fitness center, a private garden, and a sky deck.