Lawsuit Authorized Against Caribou Industries Over Downtown Santa Ana Development…
What happened
The City Council authorized the filing of a lawsuit against Caribou Industries and its affiliate, Partners Capital Solutions. The legal action concerns a development agreement the city has with Caribou Industries for the property at 201 W. 3rd St in Santa Ana. The original agreement, made in 2016, was to replace an aging parking structure with a mixed-use development.
From ocregister.com
Why it matters
The proposed project involves a mixed-use structure that includes 171 residential units, 19 of which are allocated for very-low-income housing. The plan also includes approximately 13,419 square feet of commercial space, 444 parking spaces, and a second building featuring a 75-room hotel.
From ocregister.com
Who's involved
- city councilLegislative body that authorized the lawsuit against Caribou Industries.
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The entities involved
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city council
legislative body that governs a city, municipality or local government area
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