.A triplex accepted for purchase final month by the City Council at the section of Balboa Boulevard and also Coronado Road may become a public car park lot.The purchase of the home at 301 E. Balboa Blvd. was part of the consent calendar on the Aug. 27 meeting of the City board, as well as acquired consensual authorization. It was actually sold through Linda and also Bobby Hanada for $2.6 million, according to area staff.The great deal it may be converted into would provide the eastern side of the Balboa Headland, where car park is especially tough to find. Community locations for individuals because location are actually mainly located at the boat dock, one great deal on Palm Street and also restricted road rooms." This parking, particularly during top summer season requirement, frequently performs not meet the car park demands of the area," Newport Beach Real Estate Manager Lauren Wooding Whitlinger recorded a report.The building marketed by the Hanada family goes to the exact same crossway as a building had through AT&T that Newport Seashore representatives will additionally like to turn into a car park. The urban area has actually resided in talks with the telecommunications business and also is expecting it to relocate or scale down therefore a portion of the residential property at 311 E. Balboa may additionally be purchased.It's uncertain from staff documents exactly how very soon workers may break ground on a brand-new parking lot. In the meantime, representatives were actually considering utilizing the existing building as a short-term station house while building of a new location for the fire department remained in progress.Tenants currently stay in two of the systems at the recently sold triplex. They are going to be actually qualified for relocation aid "not anticipated to surpass $90,000 per unit," depending on to city team.