Brea Greenlights Central Park Village
What is viewed as a revitalization for the City of Brea’s northwest corner has been given the greenlight by the Brea City Council with approval of a $100 million mixed-use development to be called Central Park Village. The 15-acre parcel of land to be developed was formerly the site of the demolished Brea Community Hospital.
JH Realty Partners, Newport Beach, purchased the site on Brea’s West Central Avenue in 2006 when the hospital was demolished. Plans for Central Park Village include 454 apartment units, 66,000 square feet of commercial space, a 35,000-square-foot medical office building, and a one-acre park.
Transformation of the vacant site into the mixed-use complex is scheduled to be phased over a period of four years. First phase will be the medical building which will include an urgent care facility.
JH Realty Partners, founded in 1995, is a privately-held real estate acquisition, development and ownership firm focused on multi-family, retail and mixed-use projects. Current portfolio includes ownership of 20 projects with over 3,000 residential units and 358,000 square feet on commercial space.