2015-2039 University Avenue

Posted by City of Riverside, CA

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Development Site

Size

0.68 acres

Ownership

Publicly Owned

Availability

For Sale

In Opportunity Zone

Yes
Riverside site 5 small

Site Description

The development site is over 29,000 square feet of vacant land located at 2015-2039 University Avenue near the State Route 91 Freeway between Downtown Riverside, the heart of the City and the cultural and urban hub of the Inland Empire, and University of California, Riverside, which is widely recognized as one of the most ethnically diverse research universities in the nation.
The Property is located within a neighborhood that offers a unique mix of land uses ranging from high-density student-oriented apartments to a thriving center of commerce and entertainment as well as low density hillside housing. This area is home to the Marketplace, a retail and entertainment center, and the Metrolink Commuter Station. The Successor Agency would consider a high quality retail, restaurant or office or a combination of these uses for the Property.

Documents

General/Comprehensive Plan Designation

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Master Plan/Specific Plan

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Zoning Designation

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Height Limits

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Floor to Area Ratio (FAR)

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Dwelling Units per Acre

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Parking Requirement

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Other Requirement

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Political Support

Zoned for Preferred Outcomes

Incentives

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Costs

Should the proposal be accepted by the Successor Agency, a deposit in the amount of 2% of the proposed purchase price, or $10,000, whichever is greater, will be required.

Fee Schedule

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Public Investments

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Private Investment

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Local Development Trends & Market Indicators

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0 , Riverside, CA 92507

0.33 acres (14577.72 sqft)
Owner
CITY OF RIVERSIDE
C/O CITY CLERKS OFFICE, 3900 MAIN ST, RIVERSIDE CA, 92522
Details
APN: 211174025
For Sale
Publicly Owned
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2025 University Ave, Riverside, CA 92507

0.18 acres (7701.46 sqft)
Owner
CITY OF RIVERSIDE
C/O CITY CLERKS OFFICE, 3900 MAIN ST, RIVERSIDE CA, 92522
Details
APN: 211174012
For Sale
Publicly Owned
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0 , Riverside, CA 92507

0.09 acres (3741.09 sqft)
Owner
CITY OF RIVERSIDE
C/O CITY CLERKS OFFICE, 3900 MAIN ST, RIVERSIDE CA, 92522
Details
APN: 211174011
For Sale
Publicly Owned

Contact David Welch

David (from City of Riverside, CA) has more details.

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Created on September 22nd, 2015 (last updated 5 months ago)