Downtown Oceanside is likely to see two more high-rise buildings with one seven-story and one eight-story building part of a mixed-use development.
The project, which features 373 residential units in a mixed-use development, is slated to replace two parking lots along North Myers Street. Known as Block 5 and 20, the two parcels bisect a pedestrian underpass and walkway at the railroad tracks to connect Pier View Way.
The city has seen a flurry of rapid and large-scale redevelopment in downtown over the past several years, although this project is still in its early stages, according to Oceanside Principal Planner Manny Baeza.
Ryan Companies U.S. Inc. owns the property and is proposing the development. Block 5 will be eight stories, while Block 20 will be seven, Baeza said.
The Block 5 and 20 sites are currently private, pay-for parking lots one block from the Oceanside Pier and the beach.
Daniel Bertao, Ryan Companies’ vice president of development, said the project is under Senate Bill 330, the Housing Crisis Act, and is using the State Density Bonus Law for higher density and affordable housing units.
The project would have 545 parking spaces reserved for residential uses compared to the 422 required, Bertao said, and approximately 39 spaces would be available for proposed retail uses.
Block 5 would have roughly 2,200 square feet of commercial space and Block 20 would have about 3,500 square feet. Some possibilities include cafés or fast-casual restaurants for those areas, but Bertao said it’s too early to identify specific tenants at this stage.
Plans are still under review, so nothing is concrete, Baeza said.
The full version of this story was first published in North County Pipeline, a news outlet managed by local journalist Steve Puterski.
