Great Park District 1 West - Novel Park

[eyephone]

Ask the management and marketing team.

 

[irvinebullhousing]

Ask the management and marketing team.

No body cares about names. All they want to know is am I able to buy and will it keeps the values.

 

[eyephone]

Ask the management and marketing team.

No body cares about names. All they want to know is am I able to buy and will it keeps the values.

It?s all about branding. 

 

[lnc]

Novel Park is the name of a big Chinese developer in China.

http://www.novel-park.com/

 

[irvinebullhousing]

Novel Park is the name of a big Chinese developer in China.

http://www.novel-park.com/

Must be a coincidence. WL does not have any interest with this Chinese?s developer.

 

[Mety]

Would you buy a home in NP which has 5 pools and tennis courts or GP the brand community?

 

[paperboyNC]

Would you buy a home in NP which has 5 pools and tennis courts or GP the brand community?

I heard from my carrier pigeon that GP now has 6 pools. Tough, tough decision.. WWTD? (What would Trump Do?)

 

[test]

Yep. $350K is nicely affordable starter bachelor pad but it will come with $8000+ in MR and $400 in HOA. They'll conveniently leave this out of their brochures until you asked them. I'm assuming these 536-units gonna be attached.

Nope.  The welfare leeches units will pay little to no mr.  It will all be subsidized by the market rate units.  VoC has all low income as owner units and you can see how little they pay.  It screws everyone else so much the city stopped allowing low income ownership units and went back to apartments only.

 

[test]

Another thing is sites like zillow cant tell the difference between low income and market units.  So when your neighbor sells for half the price it drags your homes value way down.

 

[Burn That Belly]

x

 

[lnc]

VoC = Village of Columbus 

 

[IHS3000]

Coming in Early 2019 at Novel Park!

Revo at Novel Park

http://sdkatelier.com/projects/revo-at-novel-park/

Reminds of Parasol Park?s Amethyst, but with a third floor.

Rooftop Living Coming Soon to Great Park

?Revo at Novel Park in Irvine, California is a new and exciting line up of contemporary paired homes designed for William Lyon Homes that feature three floor plans in 6 unique elevation styles. These two and three-story homes incorporate clean modern designs with dramatic detailing inside and out. Square footage ranges from 1,814 to 2,143 with third floor bonus room and covered rooftop deck  amenities that increase square footage up to 2,591. Open floor plans and vertical outdoor living spaces elevate these homes and incite feelings of luxury city living in a creative family connected community. These designs are to be the stand out feature of the Novel Park neighborhood, coming early 2019!?

Project Facts

Project: Revo at Novel Park
Location:  Irvine, CA
Client: William Lyon Homes
Number of Floor Plans:  Three
Unit Plan Size: 1,814 ? 2,143  Sq. Ft.
Density:  15 DU/AC
Services: Architecture + Colors & Materials

Twin Towns A and Twin Towns B at Great Park District 1 - West

120 Units
3 floorplans
1,801 to 2,053 sq ft.
3 bedrooms
3 or 3.5 bathrooms
Attached condos

The largest unit count for the development.

Paired homes like Amethyst at Parasol Park, but some have a third floor option.

Some units are near Paramount St.

Some units are near a park too!

 

[IHS3000]

The new Novel Park sign is on Irvine Blvd and Ridge Valley. William Lyon Homes is building all seven communities at Novel Park! Wow, no Lennar developments at Novel Park.

The city also uploaded the lots, street names and addresses of Novel Park too:
http://gis.cityofirvine.org/onlineparcel/

REAL ESTATE: $166M LAND BUY FOR HOMES STARTING AT $350K

Lyon Lead for Next Great Park Homes Leg
By Mark Mueller
Monday, June 18, 2018

?William Lyon Homes (NYSE: WLH) has been tapped to build one of the most unique home developments in Orange County in several years, a 536-unit project at Great Park Neighborhoods in Irvine with a large number of affordably priced homes...?
https://www.ocbj.com/news/2018/jun/18/lyon-lead-next-great-park-homes-leg/

Note: one needs a subscription to read the whole article.

IMHO, the 350K product in Great Park - District 1 West is the one bedroom condo.

It appears the new GPN development at District 1 - West will be named Novel Park. Novel Park will be the fifth neighborhood at the Great Park.

If you drive on Ridge Valley Rd, William Lyon has their construction signs up. Massive construction work is ongoing and the streets are paved. Photos are attached.

 

[Kings]

missed opportunity to call it lyon park

 

[thecolt]

Looks like a page is up on the GP website.https://greatparkneighborhoods.com/neighborhoods/novel-park

 

[IHS3000]

Novel Park community names are on the CA Dept. of Real Estate site.
http://www.dre.ca.gov/files/excel/subdivider_list_07_18.xls

Trend - Tri Pack Duets - 48 units

Revo - Twin Towns A - 58 units

Revo - Twin Towns B - 62 units

Verge - L-Town - 67 units

Fringe - Tandem Duplex - 112 units

Echo - 8 Pack - 64 units (Resembles Carlisle/Deco at Parasol Park and Cadence Park)

Nova - 11 Pack - 55 units

Modo - Paired Rowtown - 70 units (Resembles Sterling at Parasol Park)

 

[IHS3000]

William Lyon Homes updated their website with Novel Park information which includes: starting prices, floor plans, elevation photos and an interest list.

http://lyonhomes.com/southern-california/masterplans/novel-park

Prices start from the low $400k to high $800k


1. Nova at Novel Park
Approx. 654-1,555 Sq. Ft.
1-3 Bedrooms
1-2 Bathrooms
From the Low $400,000's
http://lyonhomes.com/southern-california/nova-at-novel-park-
https://www.talkirvine.com/index.php/topic,16146.msg330020.html#msg330020


2. Verge at Novel Park
Aprox. 1,287-1,950 Sq. Ft.
1-3 Bedrooms
1.5-3 Bathrooms
From the Mid $500,000's
http://lyonhomes.com/southern-california/verge-at-novel-park
https://www.talkirvine.com/index.php/topic,16146.msg330962.html#msg330962



3. Modo at Novel Park
Approx. 1,493-2,329 Sq. Ft.
2-4 Bedrooms
2.5-4 Bathrooms
From the Mid $600,000's
http://lyonhomes.com/southern-california/modo-at-novel-park-
https://www.talkirvine.com/index.php/topic,16146.msg330969.html#msg330969


4. Fringe at Novel Park
Approx. 1,267-1,724 Sq. Ft.
2-3 Bedrooms
2.5-3.5 Bathrooms
From the High $600,000's
http://lyonhomes.com/southern-california/fringe-at-novel-park
https://www.talkirvine.com/index.php/topic,16146.msg330967.html#msg330967


5. Revo at Novel Park
Approx. 1,814-2,591 Sq. Ft.
3-4 Bedrooms
2.5-3.5 Bathrooms
From the High $700,000's
http://lyonhomes.com/southern-california/revo-at-novel-park
http://sdkatelier.com/projects/revo-at-novel-park/
https://www.talkirvine.com/index.php/topic,16146.msg330943.html#msg330943


6. Trend in Novel Park
Approx. 1,743-2,859 Sq. Ft.
3-4 Bedrooms
3.5 Bathrooms
From the Low $800,000's
http://lyonhomes.com/southern-california/trend-in-novel-park-
https://www.talkirvine.com/index.ph...ID=4826ff17f247df8a8b48f2a082b93266#msg330940



7. Echo at Novel Park
Approx. 1,708 -2,444 Sq. Ft.
3-4 Bedrooms
2.5-3.5 Bathrooms
From the High $800,000s
http://lyonhomes.com/southern-california/echo-at-novel-park-
https://www.talkirvine.com/index.php/topic,16146.msg329546.html#msg329546

 

[Cares]

Got to love that 650 sqft condo start at "low 400s" which probably means closer to $500k for everyone but Phase 1. $750+/sqft prices.

 

[newPParker]

Still no word on 'retail' plans?

 

[IHS3000]

Still no word on 'retail' plans?

A couple of weeks ago, the OC Business Journal, published a interview of Emile Haddad, CEO of Fivepoint. The journal asked Haddad about homes on top of businesses (Base Camp or The Village - European style).  Haddad stated they are still in talks with the city and he hoped to start (construction) in 2020.
http://www.ocbj.com/news/2018/sep/24/what-will-irvine-look-20-years/

Note: a paid subscription is required to read the entire OCBJ article.

It?s a interesting article in which Haddad discusses the future including a new downtown near the Great Park/Irvine Metrolink station and a concept home with no garage which is priced low.

Here is a video which shows the The Village/Base Camp and the new downtown near Great Park:

https://vimeo.com/248063151
https://fivepoint.com/elements/commercial.html

A few months ago, Five Point submitted a proposal to the city to amend their plans for  District 1 - South (Base Camp). The new proposed plan includes the following:
commercial development (262,000 sq ft), office (58,000 sq ft), research and development (123,000 sq ft), a hotel with 152 rooms and and 588 housing units!

More info:
http://www.cityofirvine.org/cmis/views/942bd7a0-aa6d-429e-89a5-cce7e8265440%3B1.0
https://bdmag.com/fivepoint-dominates-coastal-california/
https://urbanland.uli.org/industry-...ange-county-master-planned-communities-reign/

For perspective, Cypress Village Shopping Center is about 177,000 sq ft.