TUSTIN, Calif.—Regency Centers Corporation (“Regency”), a national owner, operator, and developer of grocery-anchored shopping centers, has announced the closing of the land that will become The Village at Tustin Legacy. With estimated net development costs of nearly $40 million, this ground-up development will sit at the core of Orange County’s new 1,600-acre master-planned community of Tustin Legacy. The center will be neighbored by a 130,000 square-foot medical complex, 1.9 million square feet of office space, and more than 6,800 new residential homes at total build-out.
Whether it's the selection of amenities, the removal of parking or the addition of retail, there are elements in multifamily and mixed-use development that are practically commonplace today that were once considered far-fetched. We caught up with some of Bisnow's Multifamily And Mixed-Use Conference speakers to get their thoughts on trends and some out-there predictions for what the future may hold.