.A triplex approved for acquisition last month by the Common council at the corner of Balboa Boulevard and also Coronado Street may come to be a social car parking lot.The purchase of the home at 301 E. Balboa Blvd. belonged to the consent calendar on the Aug. 27 meeting of the City Council, and also got unanimous authorization. It was marketed through Linda and Bobby Hanada for $2.6 thousand, depending on to urban area staff.The whole lot it might be exchanged would certainly provide the east side of the Balboa Headland, where vehicle parking is specifically challenging to discover. Community areas for individuals during that region are actually mostly discovered at the pier, one lot on Palm Street and also limited road spaces." This car park, specifically in the course of top summer season need, usually performs certainly not satisfy the vehicle parking demands of the area," Newport Coastline Real Property Administrator Lauren Wooding Whitlinger wrote in a report.The residential property sold by the Hanada family members is at the exact same crossway as a property owned by AT&T that Newport Beach front representatives would additionally just like to become a parking area. The urban area has resided in talks along with the telecoms company and also is actually waiting on it to relocate or downsize thus a part of the building at 311 E. Balboa may additionally be actually purchased.It's confusing from personnel reports just how soon crews might begin on a new parking area. In the meantime, authorities were actually thinking about making use of the existing property as a temporary station house while building and construction of a brand new resource for the fire department was in progress.Tenants presently live in two of the devices at the recently sold triplex. They are going to be actually entitled for relocation support "not prepared for to go beyond $90,000 each," depending on to urban area personnel.