.A triplex approved for acquisition last month due to the City Council at the edge of Balboa Blvd and Coronado Road might become a public car parking lot.The purchase of the property at 301 E. Balboa Blvd. became part of the permission calendar on the Aug. 27 appointment of the City board, and received consentaneous authorization. It was actually sold through Linda and also Bobby Hanada for $2.6 thousand, according to urban area staff.The lot it may be converted into would certainly serve the eastern edge of the Balboa Cape, where car park is actually specifically challenging to find. Community locations for folks in that region are actually usually discovered at the pier, one great deal on Hand Road as well as minimal road areas." This car parking, specifically throughout optimal summer season need, commonly performs not satisfy the car parking demands of the area," Newport Coastline Real Property Administrator Lauren Wooding Whitlinger wrote in a report.The residential property marketed by the Hanada family members goes to the very same intersection as a structure had through AT&T that Newport Seashore officials would certainly also as if to develop into a parking area. The urban area has been in speaks with the telecoms provider and also is waiting on it to relocate or even scale down therefore a section of the residential or commercial property at 311 E. Balboa can likewise be actually purchased.It's unclear coming from team documents just how soon workers may begin on a new parking area. For the time being, officials were actually thinking about making use of the existing property as a short-lived fire station while construction of a brand new facility for the fire department resided in progress.Tenants currently stay in two of the units at the recently offered triplex. They will definitely be qualified for moving support "certainly not prepared for to exceed $90,000 per unit," depending on to city workers.