1H0A0021-PW 2.jpg

Park West, Riverside, CA

FACTS

Tract 31157 & Park West Specific Plan

Up to 2,027 Units

BUYER

THE STORY

In 2021, Mission Pacific purchased the Park West property is located in Perris, CA.  The property has an approved Specific Plan and a Development Agreement that contemplates the development of approximately 534 acres into a master-planned community that can include up to 1,533 single-family detached homes and up to 474 townhome units for a total of up to 2,027 dwelling units divided across three phases.

Mission Pacific’s business plan for the Park West property is to: process the entitlement work on the Phase 1 property to allow it to be sold to a public homebuilder. In addition, Mission Pacific will commence new land planning, floodway analysis, and process entitlements to allow for all or a significant portion of Phase 2 and 3 property to be developable in a 3‐to‐6‐year timeframe.