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Newport Beach Poised for Residential Boom as Park Newport Plans 366-Unit Expansion

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Aerial view of Newport Beach, California
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In a significant development for Orange County's luxury housing market, Park Newport LP has proposed adding 366 new multifamily units to its already substantial Park Newport Apartments complex near Fashion Island in Newport Beach. The expansion would further transform the upscale coastal city's housing landscape, which is already experiencing a wave of residential development projects. […]

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