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City of Tustin City Council Meeting Agenda 2026-06-16

Tustin To Enter Exclusive Talks With Legacy Developer

$250,000 good faith depositCity of TustinTUSTIN LEGACY MIXED USE LLCJune 16, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The City of Tustin is recommended to enter into an Exclusive Negotiating Agreement with Tustin Legacy Mixed Use, LLC for the potential disposition and development of about 52 acres of City-owned land in the Tustin Legacy Specific Plan area. The developer will provide a $250,000 good faith deposit to cover City staff and third-party costs associated with negotiations.

Contract Details

Contract Amount

$250,000 good faith deposit

Vendor

TUSTIN LEGACY MIXED USE LLC

Agency

City of Tustin, CA

Contract Type

OTHER

Document Date

June 16, 2026

Renewal Info

Initial Exclusive Negotiating Agreement; future development and disposition agreements will be subject to separate approvals.

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