Page 6 - The MarchLife Story

MARCHLIFE CALIFORNIA
HISTORY
MarchLife California is the culmination of 10 years of intensive entitlement work resulting in a shovel-ready healthcare city development. Being fully entitled minimizes the project’s overall risk and provides MarchLife California with a competitive advantage to unentitled properties. There are currently no competitive new entitled healthcare projects in development in the designated service area. Given the pent-up demand and lack of supply, along with no planned projects in the pipeline, MarchLife California is in a unique position to not only ful ll demand, but to be the most technologically advanced competitor in the healthcare sector.
Extensive environmental, geotechnical, traf c and economic studies have been completed:
Full entitlements obtained after approved Environmental Impact Report (EIR), issued under the California Environmental Quality Act (CEQA).
Speci c Plan Amendment (SPA) issued in compliance with the Government Code: State of California, County of Riverside.
Full Entitlements for 236 Gross Acres, granted by The Joint Powers Authority (JPA), a California public agency consisting of the United States Air Force, the State of California, Riverside County, the City of Riverside, the City of Moreno Valley, and the City of Perris.
MarchLife California Office
Entitled SF
General Medical Office
1,990,000
Commercial Retail
315,000
Research and Education
200,000
Institutional Residential
700,000
Wellness Facilities
40,000
Mixed Use
310,000
Total Entitlement
3,555,000
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