Tustin Extends Deadline for Developers to Respond to Development Opportunity
The city of Tustin is extending the deadline for developers to express interest in purchasing a 25-acre parcel at the former Marine Corps Air Station (MCAS) Tustin, located in the heart of Orange County, Calif.
In August, the city advertised the sale of five parcels totaling 113 acres at the Tustin Legacy project, including Disposition Package 2B. The deadline for developers to fill out a questionnaire for that solicitation has been extended until Nov. 4. The site is slated largely for commercial office and other commercial uses, including a hotel.
To receive the solicitation package for Disposition Package 2B, contact the city at RDA@tustinca.org.
The city is using a two-step selection process. For the first step, an expert panel will schedule short in-person interviews with interested developers to prepare a short list of the top three candidate developers for each site. Firms will not need to submit proposals in the first stage. Developers picked for the second step will need to prepare a formal proposal.
Under the new disposition strategy adopted in April, the city will assume the role of executive master developer and subdivide about 420 acres for private development into disposition packages. Sites will be offered for sale to developers for certain land uses and infrastructure improvements required under the MCAS Specific Plan and Tustin Legacy Master Plan.
For more information about the redevelopment project, the reuse plan and the city’s disposition strategy, visit the Tustin Legacy website.