DAN HEDIGAN
CEO/PRESIDENT
FIVEPOINT HOLDINGS LLC
WHY: Heads one of California’s largest developmental firms, with plans for 40K homes and 23M square feet of planned commercial opportunities on land Five Point owns, including Irvine’s Great Park Neighborhoods.
IN THE NEWS: Great Park developer considers the ceremonial groundbreaking of The Canopy in April as a “step forward in the continued evolution of Great Park Neighborhoods.” FivePoint ranked No. 2 on the Business Journal’s list of Fastest-Growing Public Cos. in the midsize category with a 457% revenue increase. Record-breaking fourth quarter in January, causing a 42% one-day jump in its share price, was the result of the company closing five new home programs at the Great Park Neighborhoods in Irvine at a purchase price of $309.3M.
NOTABLE: Previously worked at Irvine Co., one of California’s largest landowners, for 32 years.
QUOTABLE: “With the success of these two communities (Great Park Neighborhoods in Irvine and Valencia) and our strong financial position, we are now positioning ourselves to grow and will be seeking opportunities to bring our planning and development expertise to other housing constrained markets.”
