Former Trinity Broadcasting site offered; will be…
The distinctive former headquarters of the Christian media company Trinity Broadcasting Network in Costa Mesa has offered for $44.5 million, clearing the way in which for new housing.
The buy of the ornate palazzo-style construction by Meritage Homes was anticipated after metropolis officers in August authorised Meritage’s plan to construct 122 townhouses and 20 single-family houses on the site just south of the 405 Freeway.
Trinity, one of the world’s largest spiritual tv networks, offered its Costa Mesa complicated in 2017 after describing it as out of date. The heart dates to 1978.
It was most lately owned by Khoshbin Co., a Costa Mesa real estate company that positioned the property as an event venue.
Khoshbin paid $22 million for the six-acre property in 2021, according to real estate data supplier CoStar.
“We’ve spent over $1 million improving the site, beautifying it, and I think the neighborhood really enjoys seeing some life [come back] into the property,” Manny Khoshbin told town Planning Commission last yr.
“We’ve been getting a lot of requests for events, weddings and birthdays, because it’s such a beautiful landscape,” he said.
The construction across the freeway from South Coast Plaza on Bear Street will be torn down to make method for the new housing. It has been a subject of fascination for years.
“With its classical columns, mirrors, faux gold and white marble everything, the Trinity compound’s look is ‘Gone With the Wind’ meets Caesars Palace,” The Times wrote in 1998.
“White walls are adorned with gold-framed floor-to-ceiling mirrors. Visitors climb the sweeping white marble stairway and come upon a 15-foot-tall statue of Michael the Archangel, his wings spread, his left foot planted on Satan’s head, hovering over the gilded grandeur,” the Times article said back then.
The gold-painted dome ceiling has a florid authentic mural of angels that Trinity Broadcasting founder Paul Crouch called “Orange County’s own Sistine Chapel.”
It will take about two years to redevelop the site as housing, Meritage told town.
Planning commissioners credited Meritage’s plan for offering more housing in Costa Mesa, where 60% of residents rent their dwellings. There is high demand for housing in the coastal metropolis and prices are climbing, the Daily Pilot said.
Meritage will designate seven models for very low-income occupants.
The new complicated goals to present housing for “the missing middle,” a section of the population wanting to transfer past renting but who can not yet afford single-family houses, by offering townhouses that allow patrons to construct equity, then transfer up the housing pyramid, the Daily Pilot said.
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