A trio of projects, with a cumulative total development cost likely to approach $10 billion or more, are expected to revitalize three of the city’s biggest attractions for tourists and sports fans, as well as rework the land around them into a variety of new uses over the coming years. This page includes the groups heading up work around the city’s two big sporting arenas. See page 62 for more plans on Disneyland.
Chairman
Broadcom
Irvine
S
Samueli Foundation
Corona del Mar
NOTABLE: The money behind a mixed-use mega-development, branded under the ocV!BE name. $3B plan aims to transform land surrounding the city’s Honda Center into a mix of apartments, offices, hotels, dining and entertainment options. Initial plans call for 2,800 residential units, hotels, more than 800,000 square feet of office space, a new concert venue, food hall, restaurants, parks and other amenities. Its planners call it the “largest project that has ever been contemplated or built in the Platinum Triangle to date.”
QUOTABLE: “We are fully committed to Anaheim, and we believe this sustainable and integrated community will offer a unique and attractive lifestyle, as well as create jobs,” the couple said in a statement at the time of the project’s unveiling.
Owner
Angels Baseball
Anaheim
Acres owned or controlled around Angels Stadium: 153
NOTABLE: SRB Management Co., a firm affiliated with Moreno, submitted conceptual redevelopment plans for the Platinum Triangle site that holds the baseball stadium and surrounding parking lots. Proposing more than 5,000 apartments, two hotels, 2.7M square feet of office space, 12,500 parking spaces, parks and other commercial additions like retail and restaurants. Initial plans do not specify whether Moreno will renovate or replace the 45,483-seat stadium. Reached agreement to buy site from city last year for $325M; deal will keep team in city for decades. Plans likely still a few years away from moving ahead.
