In January 2019, Space Investment Partners acquired the ±1-acre site in Mariners Mile for $6.4 million, recognizing its exceptional potential in one of Newport Beach’s most sought-after neighborhoods.

The Cay is currently under construction, delivering a best-in-class residential community complemented by high-end retail offerings. The 5,000-square-foot retail space is already secured by Uchi, a luxury sushi restaurant, which will further elevate the dining and lifestyle experience of the area. Upon completion, The Cay Apartments will redefine modern coastal living, combining sophisticated design, prime location, and premium amenities to create an unparalleled living and shopping experience in Newport Beach.