.A triplex approved for purchase last month by the City board at the edge of Balboa Blvd and Coronado Road might come to be a social car parking lot.The acquisition of the home at 301 E. Balboa Blvd. was part of the consent schedule on the Aug. 27 meeting of the City Council, and also acquired unanimous permission. It was sold by Linda and also Bobby Hanada for $2.6 thousand, depending on to city staff.The whole lot it may be converted into would serve the east side of the Balboa Peninsula, where parking is specifically hard to discover. People locations for people because place are primarily found at the boat dock, one whole lot on Hand Road and also minimal road spaces." This auto parking, especially in the course of top summer season need, usually does certainly not comply with the car park needs of the place," Newport Seashore Real Property Supervisor Lauren Wooding Whitlinger recorded a report.The property sold by the Hanada family members is at the very same intersection as a building had by AT&T that Newport Beach representatives would additionally just like to turn into a car park. The city has actually resided in chats with the telecommunications firm and also is waiting on it to relocate or downsize so a portion of the residential property at 311 E. Balboa may likewise be purchased.It's vague from staff records just how very soon workers might begin on a brand new parking area. Meanwhile, representatives were actually taking into consideration using the existing building as a short-lived station house while building of a brand-new facility for the engine company resided in progress.Tenants presently stay in 2 of the devices at the lately offered triplex. They will be eligible for relocation support "not prepared for to exceed $90,000 each," depending on to city workers.