It’s worth noting that Volume 1, Issue 1 of the Business Times, written slightly more than 15 years ago, featured a story about the first plans for reconstructing the Miramar.
Even though it took nearly a decade to complete, Cottage Health System’s Bella Riviera still one of the few examples of employer-developed housing on the South Coast. And it’s a model that’s helped clear a path for others trying to fill a gap in one of the nation’s least affordable housing markets.
The complex on State Street along Highway 101, anchored by REI, was previously purchased in two separate deals for about $13 million between 2005 and 2010.
