Irvine CA City Council Approves Developer Agreement for New Homes Near the OC Great Park

IRVINE, CA

 

The Irvine CA City Council on September 13, 2011, approved an agreement requiring a developer of homes at adjoining property near the Orange County Great Park to provide $40.5 million in funding over the next six years to the city.

OC GREAT PARK 2011

This agreement also requires Heritage Fields El Toro LLC — developer of Great Park Neighborhoods, with 4,900 new homes proposed, which will be around the Great Park by 2013 — to speed up construction of park and neighborhood infrastructure, build two hotels and a $5 million joint welcome center for the park and neighborhoods.

The agreement also reduced the size of planned Upper Canyon feature laid out in the park’s Master Plan and allows for road crossings through the canyon.

Irvine and Orange County are fortunate to have this project and ORANGE COUNTY GREAT PARK ready to move forward, and it’s expected to stimulate the economy and help create jobs.

_________________________________________________________________

Harrison K. Long – solutions for real estate and business – REALTOR® and broker associate, GRI – Coldwell Banker Residential Brokerage – 949-854-7747 (phone) – ExploreProperties@gmail.com(email) – CA DRE 01410855 – SFR short sale and foreclosure resource certified by the National Association of REALTORs® – also now serving as an appointed director at the California Association of REALTORs®

 LinkedIn Find us at Facebook RSS feed   

Posted via email from Explore OC Homes

About Harrison K. Long

Honored as "REALTOR® of the Year 2016" by the Orange County Associations of REALTORs®. Professional real estate representative, Realtor, GRI, Broker associate, Evergreen Realty HomeSmart, Irvine and Orange County, CA - CALBRE 01410855 - Helping property owners, estate trustees, executors, administrators, fiduciaries, bankers, investor group managers, with listing and sale of properties. California Association of Realtors (now serving on its board of directors); National Association of Realtors. Attorney member of the California State Bar Association #69137 - Contact by cell or text at 949-701-2515.
This entry was posted in Great Park Orange County, Irvine business, Irvine home sales, Irvine home values, Irvine homes, Irvine live, Irvine real estate, OC home value guide, Orange County business and tagged , , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply