Artist's rendition of the proposed mixed-use development in Fountain Valley featuring apartment units and retail space.
The former Boomers amusement center in Fountain Valley is slated for redevelopment into a mixed-use complex featuring 657 apartment units and retail space. The project by Holland Partner Group aims to revitalize the site with two seven-story buildings and dedicate nearly 100 units for lower-income tenants. A variety of amenities and a commitment to affordable housing highlight the proposal, which will be reviewed by the Fountain Valley Planning Commission on May 14.
The former Boomers amusement center in Fountain Valley, located in Central Orange County, is set to undergo a significant transformation with plans for a mixed-use development that will include 657 apartment units and retail space. The development proposal features two seven-story buildings, with approximately 4,460 square feet designated for retail on the ground floor. The Fountain Valley Planning Commission is scheduled to review the project in a study session on May 14.
The application for this redevelopment has been submitted by Holland Partner Group, a company specializing in real estate investment based in Vancouver, Washington. The project aims to provide a mix of living and shopping options within a 6.87-acre site located at 16800 Magnolia St..
Initial plans for the site indicated a larger development composed of 682 apartments and 4,364 square feet of retail space; however, the project has since been revised to its current proposal. Modifications have been made to better suit community needs and city regulations.
A key feature of the proposed development is its commitment to affordable housing. Nearly 100 of the apartment units will be allocated for lower-income tenants, specifically targeting individuals earning up to 80% of the area’s median income. This initiative aligns with Fountain Valley’s General Plan and Housing Element, which mandates that the project needs to comply with this income requirement for 55 years.
The development plan also includes a range of on-site amenities aimed at enhancing residents’ quality of life. Proposed features comprise rooftop pools and spas, clubrooms, fitness centers, business centers, barbecue grills, sky decks, and courtyards dedicated to outdoor recreation. Additionally, there will be dedicated parking structures for tenants, along with a separate parking lot for visitors to the retail space.
The ownership history of the Boomers property is somewhat unclear, as the Holland Partner Group did not respond to requests for comment regarding how long they have controlled the site. In 2021, APX Operating Co. LLC acquired the assets of Boomers’ previous owner, Apex Parks Group, following the latter’s bankruptcy. This marked the end of the amusement center that had served the Fountain Valley community since its establishment.
Fountain Valley has embraced a proactive approach to increasing residential development, adopting a housing strategy aimed at 2029. This strategy emphasizes the growth of multifamily housing options in response to the depletion of available single-family lots. The city’s housing goals encompass a variety of residential types, including apartments and emergency shelters.
There are currently 16 development projects involving housing in the Fountain Valley pipeline, with this mixed-use proposal contributing to the city’s efforts to meet its housing targets. The Boomers amendment represents a significant step forward in the community’s vision of integrating living, working, and recreational spaces.
As Fountain Valley gears up for the Planning Commission meeting, the community is set to weigh the pros and cons of redeveloping the former amusement site into a multifaceted living space that promotes both housing and local retail opportunities.
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