Legacy Partners, Invesco Win Key Approval For Project Replacing Chargers' Training Field

Legacy Partners and Invesco scored a victory for their residential and retail development in Costa Mesa that would replace the Los Angeles Chargers' training facility.

The city voted to start the process to change the zoning for the 14.25-acre site from industrial to residential, paving the way for the project to continue.

The developers' plan for the development at 3333 Susan St. is to build out in three phases, the Orange County Register reported. The project as planned will have 1,050 apartments across three buildings.

The project site is opposite the Costa Mesa Ikea and is now home to the Hive, an office complex that is home to the Chargers' training facility as well as businesses and restaurants.

The plan to redevelop the site goes back at least to 2021. At that time, it was reported that the Chargers' lease for the training field was slated to expire in 2027. The Chargers are building a new, 14-acre headquarters and training facility that is expected to open next year.

Invesco co-owns the former Los Angeles Times printing plant in Costa Mesa that has been converted into creative office space. In 2021, defense company Anduril signed a 640K SF lease at the space.

Continue reading this story with a free account

Log in or register
Related Topics: Costa Mesa , Invesco , Legacy Partners
Sign up for more articles like this
Subscribe to Bisnow's Los Angeles Newsletters
Related Stories

Housing Completions Close To 40,000 As LDA Adds Major Site And CEO Departs

Voorhees Greenlights 178-Unit Office-To-Resi Conversion Amid Multifamily Boom

Battered Mortgage REIT Suspends Dividend To Preserve Cash

Tyko Capital Sets New Record For Florida's Largest Construction Loan

Hof Wonen Acquires 251 Social Rental Houses In New Mixed-Use Project In The Hague

Capital Flooded Into Bay Area Apartments. Then Treasury Yields Spiked

The New Challenge For Apartment Managers: Proving Listing Photos Are Real

Epicenter Landcorp Buys Culver City Flex Industrial Building For $11M

How Pacific Northwest Multifamily Owners Are Using Sustainability To Strengthen Asset Performance

Hudson Pacific's Historic San Francisco Conversion Project Gets Approval

Hollywood's Yamashiro Complex Gets $25M Refinance: The Los Angeles Deal Sheet

FIRST DRAFT LIVE: Why Sun Belt Multifamily Giant Cortland Is Moving Its Money North