Victoria Blvd Specific Plan

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PROJECT UPDATE April 15, 2024

Current Project Summary

The Victoria Boulevard Apartment project proposes to demolish the existing Capistrano Unified School District (CUSD) bus yard and develop an apartment complex, parking structure, and associated amenities. Below is a summary of the project.

Unit Count - The project proposes 306 residential units that would be available for rent.

Parking - The project provides 586 parking spaces which is consistent with the Zoning Code.  No Variances or deviations are requested.

Affordability - 46 of the 306 units will be affordable, with a deed restriction for 55 years.

Height - The proposed Victoria Apartment Specific Plan allows a height of 85-feet.  The proposed project ranges in height from 28 feet to 81.75 feet. Along Victoria Boulevard, no portion of the building will exceed 50 feet within 40 feet of the street.

Stories – The project ranges from 2 to 6.5 stories and has one subterranean level for the parking structure.

Entitlements - The project will require a General Plan Amendment, Zone Change, Specific Plan, Local Coastal Plan Amendment, Development Agreement, certification of Final Environmental Impact Report, Coastal Development Permit, Site Development Permit, and Vesting Tentative Parcel Map.

Community Benefits

  • Approximately 1.5 acres of park/open space provided on site
  • Undergrounding utilities
  • Developer to pay $6.3mm to City that will be available for public capital improvements
  • Lease payments received by CUSD from the developer are dedicated to facility improvements at CUSD’s schools located in Dana Point

Capistrano Unified School District (CUSD)

On April 17, 2024, the CUSD Board approved the lease of the project site at 26126 Victoria Boulevard with Toll Bros., Inc., and approved a Development Agreement with Toll Brothers, Inc. and the City of Dana Point. A link to the report and supporting document is provided here:

School Board Meeting for Lease with Toll Brothers and Development Agreement

Links to project documents

September 25, 2023

Planning Commission Meeting

February 27, 2023

Planning Commission Community Workshop

November 16, 2022

Public Workshop Hosted by Toll Brothers Apartment Living