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Lennar: More Land at Platinum Triangle

Lennar Corp. has closed on another plot of industrial land in Anaheim’s Platinum Triangle, a few blocks from the heart of its massive A-Town development.

The 13.5-acre property, which cost Miami-based Lennar about $55 million, is expected to hold more than 1,000 homes, along with about 50,000 square feet of shops and restaurants.

Three residential towers overlooking the stadium are planned at the site, which is being called A-Town Stadium Neighborhood, or A-Town 2.

Hotels are a possibility for the newly acquired property, along with condominiums and other residences. A total of 1,132 homes can be built on the land.

Lennar officials expect the site to have more retail and entertainment for tourists than other parts of its A-Town development. The latest buy is right next to Angel Stadium of Anaheim, at the northeast corner of State College Boulevard and East Orangewood Avenue.

“You are going to see more entertainment, and more destination-type offerings here,” said Richard Knowland, division president of Lennar Communities Inc., a unit of the developer.


For more on this story, see the March 13 edition of the Business Journal.

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Mark Mueller
Mark Mueller
Mark is the Editor-in-Chief of the Orange County Business Journal, one of the premier regional business newspapers in the country. He’s the fifth person to hold the editor’s position in the paper’s long history. He oversees a staff of about 15 people. The OCBJ is considered a must-read for area business executives. The print edition of the paper is the primary source of local news for most of the Business Journal’s subscribers, which includes most of OC’s major corporate and community players. Mark’s been with the paper since 2005, and long served as the real estate reporter for the paper, breaking hundreds of commercial and residential real estate stories. He took on the editor’s position in 2018.
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