What’s New in Costa Mesa Commercial Real Estate?

Like many other cities fighting urban blight, the city of Costa Mesa is tackling new and experimental revitalization projects for its dated commercial spaces. The latest project in the works is The Press, a mixed-use, creative work-campus and food hall proposed for the former site of the LA Times newsroom, printing press, and distribution facility. 

While the demand for trendy workplace environments in modern hipsturbias is on the rise, this project is right in line with that notion. Here are just a few highlights of The Press.

The details

The three-story, nearly 432,000 square-foot space is divided into five sections, with about 381,000 square feet of office space and 52,000 square feet of retail, restaurant and entertainment space.

Designed with a salvaged, industrial vibe, the building will be a combination of restored structure and modern architecture that nods to the site’s rich history.

Location, location, location

Located in Costa Mesa’s creative hub, The Press is located in the heart of O.C.’s new business corridor, which features SOCO & The OC Mix, Vans’ corporate headquarters, HIVE Costa Mesa, and AAA. It’s also just a few miles away from popular residential communities such as Irvine and Newport Beach, as well as John Wayne Airport.

Access to nature

The Press will feature a decidedly industrial look, but there will be plenty of natural elements woven into the design as well. Open floors, floor-to-ceiling-height windows, and an exterior galley will allow natural light into the environment. There will also be shared outdoor gardens and lush plants inside the building.

Dining and entertainment

The Market Hall will be a gathering place with options for food and drink in its 52,000 square feet of space. Currently being developed by Shaheen Sadeghi, creator and founder of LAB Holding, LLC, the same team that brought Costa Mesa the LAB Anti-Mall and The Camp, The Market will have a curated selection of 55 makers and restaurants featuring local and seasonal products, a park with a zen garden, curated art, open-air dining and cafes, and a central green for movies and markets. Ongoing events, as well as rideshare, bike share, and scooter share drop-off are also planned.  

As The Press will show, innovative mixed-use projects are where it’s at, especially in Orange County real estate. Turning a commercial space into more of a destination with a variety of amenities will truly stand out amongst the competition. 

Looking to lease space in The Press development or other projects located in Costa Mesa or the Orange County area?

As your Orange County, CA real estate specialists, Allwest Properties, Inc. offers a full range of real estate services for commercial, industrial, and multi-family apartment properties.

With over 25 years of industry experience, we offer a comprehensive array of solutions, including sales, leasing, tenant representation, landlord representation, investments, site selection, and consulting services. Our goal is to exceed our clients’ expectations with each and every transaction.

Contact us today by calling 949-287-3291 or emailing info@allwestproperties.com.

 

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