.A triplex accepted for purchase last month by the City Council at the corner of Balboa Boulevard as well as Coronado Street may come to be a public auto parking lot.The acquisition of the building at 301 E. Balboa Blvd. became part of the permission schedule on the Aug. 27 appointment of the Common council, as well as got consentaneous authorization. It was actually sold by Linda as well as Bobby Hanada for $2.6 thousand, depending on to urban area staff.The whole lot it might be exchanged will provide the east side of the Balboa Headland, where auto parking is actually especially challenging to discover. Community areas for people during that place are actually mostly found at the pier, one whole lot on Palm Street and limited road rooms." This vehicle parking, especially in the course of height summer season demand, frequently carries out certainly not meet the parking requirements of the region," Newport Beach Front Real Property Supervisor Lauren Wooding Whitlinger filled in a report.The residential property sold by the Hanada family members is at the same crossway as a building had by AT&T that Newport Beach officials would also as if to develop into a car park. The metropolitan area has been in talks along with the telecoms provider and is actually waiting for it to move or scale down thus a portion of the building at 311 E. Balboa can easily likewise be actually purchased.It's uncertain coming from workers documents just how soon workers may begin on a new parking lot. Meanwhile, officials were looking at making use of the existing structure as a momentary fire station while building and construction of a brand new facility for the fire department was in progress.Tenants presently reside in two of the systems at the just recently offered triplex. They will be qualified for relocation assistance "certainly not foreseed to exceed $90,000 each," depending on to area staff.