Bear Street Residential Project

The Bear Street Residential Project, managed by the City of Costa Mesa, involves the development of 142 for-sale townhomes on an infill site in Costa Mesa, California. Proposed by MLC Holdings, LLC, the project scope includes the construction of private roadways, parking, pedestrian walkways, and common amenity areas, featuring approximately 93,500 square feet of open space. To comply with the State Density Bonus Law, the developer will designate 5 percent of the units, up to 7 homes, as very low-income affordable housing, which entitles the project to a 20 percent increase in density. The project was approved on August 5, 2025, and is subject to the California Environmental Quality Act (CEQA), with a Negative Declaration filed to certify environmental compliance. Administrative oversight is led by Senior Planner Chris Yeager. While the project is categorized as a forecast with solicitation number 30-08/07/2025-0593, the documentation focuses primarily on land use, municipal approvals, and environmental mitigation rather than federal procurement clauses or specific financial pricing structures.