The Colony Newport Beach, California

Total Page:16

File Type:pdf, Size:1020Kb

The Colony Newport Beach, California The Colony Newport Beach, California Project Type: Residential Case No: C031017 Year: 2001 SUMMARY The Colony represents the highest end of market-rate luxury apartment communities in Orange County, California. It is marketed to a clientele that expects an amenity-rich environment, comparable to one experienced at a resort hotel. This clientele of “luxury renters,” the existence of which was brought about by a prosperous economy and changing lifestyles, consists primarily of professionals and empty nesters, many of whom are tapping into built-up real estate equity and now want an enhanced location and lifestyle. Others desire a second home without the long-term commitment or capital investment that buying involves. Located in the 622-acre (252-hectare) Newport Center, which was built in 1965, the Colony adds a residential layer to Newport Center’s commercial, retail, and entertainment uses. It decreases society’s impact on the environment by providing a way for people to work, live, shop, and participate in the southern California lifestyle without the need for vehicular transportation. The development owes some of its success to the soundness of its founding concept and contributes to the antisprawl equilibrium resulting from balanced land use. FEATURES Residential infill in a high-density commercial area Large, upscale rental units offering deluxe amenities and hotel-quality services Ocean, harbor, and city views On-site design center for selecting unit upgrades The Colony Newport Beach, California Project Type: Residential Subcategory: Multifamily Housing Volume 31 Number 17 October-December 2001 Case Number: C031017 PROJECT TYPE The Colony represents the highest end of market-rate luxury apartment communities in Orange County, California. It is marketed to a clientele that expects an amenity-rich environment, comparable to one experienced at a resort hotel. This clientele of “luxury renters,” the existence of which was brought about by a prosperous economy and changing lifestyles, consists primarily of professionals and empty nesters, many of whom are tapping into built-up real estate equity and now want an enhanced location and lifestyle. Others desire a second home without the long-term commitment or capital investment that buying involves. Located in the 622-acre (252-hectare) Newport Center, which was built in 1965, the Colony adds a residential layer to Newport Center’s commercial, retail, and entertainment uses. It decreases society’s impact on the environment by providing a way for people to work, live, shop, and participate in the southern California lifestyle without the need for vehicular transportation. The development owes some of its success to the soundness of its founding concept and contributes to the antisprawl equilibrium resulting from balanced land use. SPECIAL FEATURES Residential infill in a high-density commercial area Large, upscale rental units offering deluxe amenities and hotel-quality services Ocean, harbor, and city views On-site design center for selecting unit upgrades OWNER/DEVELOPER Irvine Apartment Communities 550 Newport Center Drive Suite 300 Newport Beach, California 92660 949-720-5500 Fax: 949-720-5550 www.irvineco.com ARCHITECT McLarand Vasquez Emsiek & Partners, Inc. 695 Town Center Drive Suite 300 Costa Mesa, California 92626 949-809-3300 Fax: 949-809-3350 www.mve-architects.com LANDSCAPE ARCHITECT Burton Landscape Architecture Studio 307 South Cedrose Avenue Solana Beach, California 92075 858-794-7204 Fax: 858-794-7207 BUILDER Sares-Regis Group 18802 Bardeen Avenue Irvine, California 92612-1521 949-756-5959 Fax: 949-756-5955 www.sares-regis.com SITE DESCRIPTION The Colony is located in the midst of Newport Center in Newport Beach, Orange County, California, at the southern end of the greater Los Angeles metropolitan area. Newport Center—half a mile (0.8 kilometer) inland from Newport Harbor, the largest recreational boat harbor in the world—is a mixed-use development that is part of Irvine Ranch. Irvine Ranch has been owned by the Irvine Company since the 1860s and is one of the nation’s largest master-planned communities, a 90-square-mile (233-square-kilometer) development that includes the cities of Irvine, Newport Beach, and Tustin Ranch. The 622-acre (252-hectare), mixed-use Newport Center complex includes offices, hotels, restaurants, and a premier retail center, Fashion Island, at its center. Fashion Island is an oval-shaped, 85-acre (34-hectare) mall with 200 stores, 40 restaurants, and two multiplex cinemas. Irvine Apartment Communities (IAC), an affiliate of the Irvine Companies, developed and built the project. At the periphery of Newport Center are low-rise office parks and relatively tall office buildings—a few as high as 20 stories—and three hotels. One-third of the roughly one-square-mile (259-hectare) Newport Center is occupied by the Newport Beach Country Club. Newport Center also is home to 800 firms that employ approximately 15,000 people, serving a region of roughly 75,000 full-time residents and 100,000 people during the summer months. The Colony represents the first high-density luxury apartment building developed by IAC. IAC worked to capitalize on the exclusivity of the Fashion Island mall address, incorporating the Fashion Island name in the property’s name during the initial marketing period. The property also is the first residential structure built in recent years in the Newport Center complex. The Colony fills a need for housing in this area of high-tech industry and commercial development. DEVELOPMENT PROCESS The property was the only parcel zoned for multifamily residential development in Newport Center. The approval process was fairly routine and the site required no unusual infrastructure or grading. With a height restriction of 225 feet (69 meters), it would have been permissible to construct a 20-story building, but IAC believed that the low-rise concept would appeal the most to residents of a rental property. It was decided that a low profile would enhance the natural landscape and that hiding the parking was also desirable. As such, the parking facility was designed as a partially underground garage. Other property at Newport Center zoned for residential use was permitted for single-family development, and IAC had established 400 condominium units among three townhouse communities associated with the country club. The Colony would be IAC’s first high-density luxury multifamily project, and IAC understood that the concept and marketing strategy would have to be different from those used for developing townhomes. For example, the units would have to be considerably larger than IAC’s standard apartment units. The Colony’s floor plans, on average, are 200 square feet (19 square meters) larger than IAC’s typical apartment units and range from 1,008 square feet (94 square meters) for the smallest one-bedroom unit to 1,546 square feet (144 square meters) for a two-bedroom-with-den unit. Another crucial element would be the amenities—they needed to be top-notch, in luxury surroundings. DESIGN AND CONSTRUCTION The Colony is a 245-unit, low-rise infill apartment complex in a cross-axial configuration of four residential quadrants, each organized around its own landscaped courtyard. A gated, palm-lined entry drive, positioned across San Clemente Drive from the Orange County Museum of Art, leads to an 80-foot-diameter (24-meter-diameter) motor court. Inscribed in the pavement of the circular motor court is a bronze-edged compass rose. Coming off this compass are pedestrian paseos leading to Fashion Island, the country club, and other amenities of Newport Center. All units are based on six floor plans, but varying arrangements have allowed for four unique quadrants, each comprising three- and four-story clusters facing a themed courtyard, and offering panoramic views of the mountains, the golf course, the harbor, the ocean—even Catalina Island, 30 miles (48 kilometers) due west. The courtyards are essentially closed, opening to the paseos through wide, two-story mural-walled archways between units at grade level. The courtyards help to provide a neighborhood identity for each building in the complex, creating the feel of small communities. Each theme is carried out in the fountains, artwork, and pavement materials. On axis with the gated entry to the complex is a large clubhouse with a generous pool and spa. There also is a separate health club facility. The property falls 28 feet (8.5 meters) from one corner to the diagonally opposite corner. The designers took advantage of this topographical feature by creating underground parking under two quadrants at the elevated end, and two levels of underground parking at the lower end. Locating the parking underground maximized the surface grade allotted to residential units, while simultaneously allowing residents to park their cars a mere elevator ride away from their units. Each unit is assigned two reserved parking spaces. Thus, no surface parking lots mar the site, and the gated, underground parking is accessed directly from the street at the lower end of the site, eliminating the need to pass the main entry. The sloping topography also allowed the designers to adjust the heights of the residential units to maximize views of surrounding properties. Keeping building heights to 50 feet (15 meters)—well under the allowable 225 feet (69 meters)—accomplished this. The developer, which has continuously developed Newport Center in its entirety since 1965, opted to forego the permissible higher density, instead maintaining the integrity of the community by adding only projects that do not compromise what is already there. AMENITIES AND SERVICES A wealth of amenities and services make up the luxury lifestyle package at the Colony. A full-time concierge is on staff to arrange everything from valet service, restaurant reservations, and theater tickets to catering and travel assistance. Daily or weekly maid service, and handyman services also are available. When residents travel, they can rely on the on-site staff to walk their dogs and to pick up their mail and newspapers, achieving a desirable “lock-and-go” lifestyle.
Recommended publications
  • Archaeological Evaluation Report and Recommendation for the Irvine Business Complex, City of Irvine, California
    ARCHAEOLOGICAL AND PALEONTOLOGICAL ASSESSMENT OF THE UPTOWN NEWPORT VILLAGE PROJECT, CITY OF NEWPORT BEACH, ORANGE COUNTY, CALIFORNIA Prepared for: The Planning Center|DC&E 3 MacArthur Place, Suite 1100 Santa Ana, CA 92707 Authors: Molly Valasik, Sherri Gust and Courtney Richards Principal Investigator: Sherri Gust, Orange County Certified Professional Paleontologist and Archaeologist January 2012 Cogstone Project Number: 2265 Type of Study: Cultural resources assessment Fossil Localities: none Archaeological Sites: none USGS Quadrangle: Tustin 7.5’ photorevised 1981 Area: 25-acres Key Words: Gabrielino, Tongva, Quaternary Older Paralic Deposits 1518 West Taft Avenue Branch Offices cogstone.com Orange, CA 92865 West Sacramento - Morro Bay - Inland Empire – San Diego Office (714) 974-8300 Toll free (888) 497-0700 Uptown Newport Village TABLE OF CONTENTS MANAGEMENT SUMMARY ................................................................................................................................ III INTRODUCTION ....................................................................................................................................................... 1 PURPOSE OF STUDY .................................................................................................................................................... 1 PROJECT DESCRIPTION ............................................................................................................................................... 2 REGULATORY ENVIRONMENT ..........................................................................................................................
    [Show full text]
  • Appendix C Archaeological Survey Report
    Appendix C Archaeological Survey Report ARCHAEOLOGICAL SURVEY REPORT FOR THE PETERS CANYON BIKEWAY EXTENSION PROJECT, TUSTIN AND ORANGE, ORANGE COUNTY, CALIFORNIA California Department of Transportation, District 12 Federal Project Number: CML-5955(115) Prepared by October, 2020 Monica Strauss, M.A., RPA Date PQS-Principal Investigator Prehistoric and Historic Archaeology Environmental Science Associates 626 Wilshire Boulevard Suite 1100 Los Angeles, CA 90017 Reviewed by: Jonathan Wright Date PQS-Lead Archaeological Surveyor California Department of Transportation, District 12 1750 East 4th Street, Suite 100 Santa Ana, CA 92705 Approved by: Charles Baker Date Senior Environmental Planner California Department of Transportation, District 12 1750 East 4th Street, Suite 100 Santa Ana, CA 92705 USGS topographic quadrangle: Orange, California APE Acreage: approximately 15.95 acres Resources: Negative Survey Date Completed: October 2020 This page intentionally left blank Summary of Findings Summary of Findings Orange County Public Works (OCPW) proposes to construct a Class I bike line along a 1.15- mile stretch of Jamboree Road from Canyon View to Pioneer Road, and a 1.55-mile-long Class II bike lane on Pioneer Road within the cities of Tustin and Orange, Orange County. The proposed project would connect the existing Peters Canyon Trail to Orange County’s larger bikeway network and would include: the construction of a Class I multi-use bikeway and sidewalk along the west side of Jamboree Road; striping of 8-foot-wide buffered Class II bike lanes on both sides of Pioneer Road; installation of bike path wayfinding signage; and construction of retaining walls with V-ditches, tree removal, landscaping, drainage systems and decorative fence installations, utility relocation, and sidewalk removal along the west side of Jamboree Road.
    [Show full text]
  • Bayside Shopping Center
    BAYSIDE SHOPPING CENTER 1000 - 1090 Bayside Dr. Newport Beach, CA 92660 Cross Streets: Bayside Dr. & Jamboree Rd. DEMOGRAPHICS: 3 MILE RADIUS Gross Leasable Area: 64,353 sf Population: 95,800 Average Household Income: $147,357 Median Age: 43 MARKET PROFILE MAJOR TENANTS: • Situated at the entrance to Balboa Island, a popular OC destination for Bayside Restaurant year-round tourists, and Newport Harbor, the largest recreational boat Pavilions harbor on the U.S. west coast Rite Aid • Serves the affluent neighborhoods of Lido Isle, Balboa Island, and Promontory Point Sapori Ristorante Italiano • Less than one mile away is Newport Center®, the heart of Newport Beach Union Bank and home to hotels, apartment communities, the Newport Beach Civic Center, and over 2.5 million sf of office space For leasing information call Irvine Company 949.720.2535 ShopIrvineCompany.com 18'-2" 8'-6" 1 17'-8" 41' 42'-10" 94'-3" BAYSIDE 9' 21'-5" RESTAURANT 29' 21'-10" 900 19'-6" JAMBOREE ROAD 108' 15'-2" 8,000 SF 51'-5" 69'-8" 18'-7" 12'-6" BAYSIDE SHOPPING CENTER 34'-6" 4' 16'-4" 26'-6" 15'-2" 13'-9" 33'-8" 46' 12' 18'-6" 12'-6" 22'-8" 15'-2" 12'-6" 22'-2" 17'-3" Newport Beach, California RITE-AID 12'-8" 20'-2" 3'-4" 60' 1048 1032A 1024 1028 1040 1080 650 SF 1056 1072 1064 1016 900 SF SAPORI 1,200 SF 1,055 SF 1,500 SF 1,320 SF 1,080 SF 2,742 SF PAVILIONS 1,500 SF NEWPORT NAILS 58'-6" JUST ALTERATIONS THE UPS STORE 139' 8,986 SF THE WAFFLE AFFAIR BAYSIDE CLEANERS PIZZERIA BY SAPORI CLUB DETOX CLUB 35'-4" 106'-5" 1000 RESTAURANTE ITALIANO UNION BANK CAROL KLEIN
    [Show full text]
  • The Irvine Ranch History Irvine Ranch Gives Way to Urban Development
    The Irvine Ranch History Irvine, California The Irvine Historical Society is dedicated to preserving the rich heritage of the Irvine Ranch, once one of the largest private ranches in the United States Irvine Ranch Gives Way to Urban Development At the beginning of the Second World War, the Irvine Ranch operated as one of the largest and most productive farming businesses in California. By the end of the war, urban pressure to develop was in full swing in northern Orange County. To the central and south county, the privately held farms continued to keep the developers away. Myford Irvine Takes Reins James Irvine, Sr.'s unexpected death in 1947 left the presidency of The Irvine Company to his only remaining child, Myford Plum Irvine. Myford was ill-suited for the job, and his short eleven-and one-half -year tenure led the ranch away from his father's agrarian pursuits, straight into commercial and residential development. Myford was the first major landowner to allow development to proceed southwards in the county. Myford was not a farmer. He leaned heavily on the advice of his father's ranch manager, Brad Hellis, whom he allowed to completely control The Irvine Company's agricultural operations. Myford loved the San Francisco social life, and did not share a consuming love of the land as had his brother, his father, and his grandfather. After attending Stanford University, he had elected to take over the management of his father's San Francisco offices and of his stocks and bonds. Known to everyone on the ranch as "Mike," Myford Irvine was a gentle soul - too gentle to run an empire.
    [Show full text]
  • Irvine Guide to Shop, Dine, Play and Explore Table of Contents
    Irvine Guide to Shop, Dine, Play and Explore Table of Contents Arts/Culture, Attractions & Entertainment . 1 Golf . 6 Seasonal Events Calendar . 8 Special Events . 9 Parks & Recreation . 10 Retail Centers . 15 Restaurants . 33 Transportation . 45 Hospitals . 47 Disclaimer: The Irvine Guide to Shop, Dine, Play and Explore is provided as an informational resource and a community service to visitors. This Guide is not inclusive of all businesses in Irvine. The identification of companies, individuals and products is not intended and should not be treated as a recommendation, endorsement or approval by the City of Irvine. The City cannot and does not make any warranty or representation concerning the information contained in this Guide. While reasonable care has been taken to ensure the accuracy of the information in this Guide, the City shall not be held responsible for any errors or omissions. The information in this Guide may be changed in future publications. IRVINE GUIDE TO SHOP, DINE, PLAY AND EXPLORE • WWW.CITYOFIRVINE.ORG COSTA MESA FWY 55 REDHILL AVE. AL BARRANCA BR W IRVINE ALNUT MAIN TON VD. Y BL AN MICHELSON 19 CAMPUS PKWY A BL THUR ST VE A VD . VE . RD. MACAR . JAMBOREE RD 15 261 DR. Toll Rd A 24 VE. 14 6 9 16 1 HARVARD AVE. 4 BONIT UNIVERSITY CULVER DR. 2 IR 73 SAN DIEGO FWY VINE A 13 CANY YALE AVE. CENTER DRIVE POR 22 11 RD. ON 3 8 TOLA 23 A ANA FWY 7 DRIVE TRABUCO JEFFREY RD. Turtle PKWY Rock SANT 405 18 5 . RD. SAND CANYON AVE. CANYON SHADY 133 Toll Rd 241 17 LAGUNA CANYON RD 5 10 26 12 N 20 25 21 1.
    [Show full text]
  • TUSTIN LEGACY SPECIFIC PLAN City of Tustin | Ordinance 1482 07-18-17
    TUSTIN LEGACY SPECIFIC PLAN City of Tustin | Ordinance 1482 07-18-17 Prepared for: City of Tustin Community Planning 300 Centennial Way Tustin, CA 92780 Prepared by: PlaceWorks 3 MacArthur Place, Suite 1100 Santa Ana, CA 92707 TUSTIN LEGACY SPECIFIC PLAN City of Tustin | Ordinance 1482 07-18-17 Reuse Plan Adopted: October 31, 1996, Amended September 8, 1998 Specific Plan Adopted: City Council Ordinance No. 1257 Date: February 3, 2003 Zone Change 04-001 Ordinance 1295 03-07-05 Zone Change 04-002 Ordinance 1296 03-07-05 Zone Change 05-001 Ordinance 1299 06-06-05 Zone Change 05-002 Ordinance 1311 04-17-06 Zone Change 07-001 Ordinance 1335 06-05-07 Specific Plan Amendment 10-001 Ordinance 1379 03-16-10 Specific Plan Amendment 11-003 Ordinance 1406 10-18-11 Specific Plan Amendment 2011-04Ordinance 1413 04-03-12 Specific Plan Amendment 2012-002 Ordinance 1426 03-05-13 Specific Plan Amendment 2013-001Ordinance 1432 05-21-13 Specific Plan Amendment 2013-002 Ordinance 1440 03-04-14 Specific Plan Amendment 2014-001 Ordinance 1450 11-18-14 Prepared for: City of Tustin Community Planning 300 Centennial Way Tustin, CA 92780 Prepared by: PlaceWorks 3 MacArthur Place, Suite 1100 Santa Ana, CA 92707 ACKNOWLEDGMENTS CONSULTANTS CITY COUNCIL PLACEWORKS, INC. John Nielsen (former Mayor) Karen Gulley, Principal Dr. Allan Bernstein, Mayor 3 MacArthur Place, Suite 1100 Al Murray, Mayor Pro Tem Santa Ana, CA 92707 Letitia Clark, Council Member 714.966.9220 Rebecca Gomez, Council Member Charles E. Puckett, Council Member FUSCOE ENGINEERING Ian Adam, Principal
    [Show full text]
  • Hotel Irvine 17900 Jamboree Road Irvine, California 92614 (888) 230-4452
    HOTEL IRVINE FACT SHEET OPENED: December 2014 ADDRESS: Hotel Irvine 17900 Jamboree Road Irvine, California 92614 (888) 230-4452 www.hotelirvine.com GENERAL MANAGER: Jeroen Quint OVERVIEW: Following an extensive renovation of the former Hyatt Regency Irvine, Hotel Irvine, is a new Lifestyle Hotel with a sleek and vibrant modern look delivering a contemporary hospitality experience that provides guests with extra special amenities and services, including an innovative “HI” service experience and technological enhancements such as the “Reach Me” personalized text concierge. Additional highlights include an open, vibrant and multi-functional lobby designed as an epicenter of both business and social activities, as well as an authentic collection of independently minded culinary offerings for locals and guests alike – all to bring casual fun, communal interaction and entertainment to guests. LOCATION: Conveniently located less than three miles from John Wayne Airport, Hotel Irvine is at the epicenter of Orange County in coastal Southern California at the corner of Interstate 405 and Jamboree Road in Irvine. Ideally located, the hotel is 10 minutes from beach communities, a short drive to world- class shopping at Fashion Island® and Irvine Spectrum Center® and less than 30 minutes from some of California’s best-loved attractions, including Disneyland Resort and sporting venues such as Angel Stadium of Anaheim and Honda Center. With over 100 multinational companies headquartered in Irvine, Hotel Irvine is located at the heart of the city’s business district. Additionally, the region features an abundance of outdoor activities – from hiking and mountain biking through neighboring Irvine Ranch® to nearby ocean activities such as surfing, kayaking and sailing.
    [Show full text]
  • RESIDENCES at 4400 VON KARMAN PROJECT Traffic Impact
    RESIDENCES AT 4400 VON KARMAN PROJECT Traffic Impact Study Prepared by: Kimley-Horn and Associates, Inc. 765 The City Drive, Suite 200 Orange, California 92868 October 2020 This Page Intentionally Left Blank WORKING DRAFT–NOT FOR PUBLIC DISTRIBUTION Residences at 4400 Von Karman City of Newport Beach Traffic Impact Study TABLE OF CONTENTS Section Page No. 1 INTRODUCTION 1 2 PROJECT DESCRIPTION 1 2.1 Project Location .........................................................................................................................1 2.2 Existing Land Uses and Access ....................................................................................................2 2.3 Proposed Project and Access......................................................................................................2 3 METHODOLOGY 9 3.1 Study Area .................................................................................................................................9 3.2 Analysis Methodology .............................................................................................................. 10 3.3 Performance Criteria................................................................................................................ 13 3.4 Significance Thresholds ............................................................................................................ 14 City of Newport Beach ............................................................................................................. 14 City of Irvine ...........................................................................................................................
    [Show full text]
  • IP 16-198 Peters Canyon Regional Park
    INITIAL STUDY/ MITIGATED NEGATIVE DECLARATION (IP 16-198) PETERS CANYON REGIONAL PARK GENERAL DEVELOPMENT PLAN AND RESOURCE MANAGEMENT PLAN ORANGE COUNTY, CALIFORNIA Prepared for: COUNTY OF ORANGE ORANGE COUNTY PARKS 13042 Old Myford Road Irvine, California, 92602 Prepared by: CHAMBERS GROUP, INC. 5 Hutton Centre Drive, Suite 750 Santa Ana, California 92707 (949) 261-5414 JUNE 2019 Initial Study/Mitigated Negative Declaration for Peters Canyon Regional Park General Development Plan and Resource Management Plan Orange County, California TABLE OF CONTENTS Page SECTION 1.0 – INTRODUCTION ........................................................................................................... 1 1.1 PURPOSE OF THE NOTICE OF INTENT TO ADOPT AND INITIAL STUDY ......................................... 1 1.2 PROJECT LOCATION AND SITE CHARACTERISTICS ........................................................................ 1 1.2.1 Project Background .......................................................................................................... 1 1.2.2 Location ............................................................................................................................ 2 1.3 PROJECT DESCRIPTION ................................................................................................................. 2 1.3.1 General Development Plan .............................................................................................. 5 1.3.2 Resource Management Plan ...........................................................................................
    [Show full text]
  • WHEREAS, the Irvine Company Has Applied to the City of Newport
    RESOLUTION NO. 2007- 82 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH APPROVING THE TRANSFER OF DEVELOPMENT RIGHTS FOR NORTH NEWPORT CENTER WHEREAS, The Irvine Company has applied to the City of Newport Beach for the Zoning Amendment specified in the North Newport Center Planned Community Development Plan to allow future development in North Newport Center, which consists of parts of Newport Center Block 500, Newport Center Block 600, parts of San Joaquin Plaza, and Fashion Island ( "Property "). WHEREAS, as part of its application, The Irvine Company requests approval of the Development Agreement entitled Zoning Implementation and Public Benefit Agreement Between the City of Newport Beach and The Irvine Company LLC Concerning North Newport Center ( Fashion Island, Block 500, Block 600, and San Joaquin Plaza). WHEREAS, as part of its application, The Irvine Company also requests approval of the transfer of development rights specified in the Development Agreement as follows: 1) The transfer to North Newport Center Block 500 of development rights for development of approximately 277, 161 square feet currently assigned to Newport Center Block 600 and designated for office, hotel, and supporting retail uses, of which up to 72, 000 square feet may be utilized by the City for a City Hall building at a site in Newport Center Block 500 if the City exercises the option to purchase that site, as specified in the DevelopmentAgreement. 2) Upon transfer to North Newport Center Block 500, the development rights will be designated only for uses permitted under the development regulations applicable to the Property. 3) This transfer of development rights will occur in new or modified buildings that comply with the development regulations applicable to the Property.
    [Show full text]
  • Jamboree Business Center
    JAMBOREE BUSINESS CENTER LOCATION: Conveniently located off Jamboree Road on Michelle Drive and Jamboree Road. ADDRESS: 14000 Jamboree, Irvine, California 92606. 2875 & 2855 Michelle, Irvine, California 92606. ACCESS: Via the 5 Freeway off of Jamboree Road and via the 261 Toll Road. SIZE: 3-story, approximately 77,626 rentable square feet – 14000 Jamboree 3-story, approximately 77,625 rentable square feet – 2855 Michelle 3-story, approximately 77,625 rentable square feet – 2875 Michelle PARKING: 4 stalls per 1,000 USF of office space leased ELEVATORS: One hydraulic elevator, 2,500 pound capacity. EXTERIOR: Steel construction with fully wrapped glass bands. WINDOWS: ½” Laminated Viracon glass (bronze tinted). 2” x 5” aluminum mullion system with wall board adapters at perimeter walls. SYSTEMS: Mechanical: Two roof top curb mounted package units (one per floor) Fire Protection: All buildings fully sprinklered Electrical Systems: 277/480-volt three phase 4 wire Building Interconnect: Two 4” conduits interconnect electrical rooms of all buildings on site and extend to public utility easement(s) for connection to data/fiber-optic service as available. ELECTRICAL: 3200 amp mains AMENITIES: • Quiet people spaces with lush landscaping, ideal for mobile officing • Adjacent t 1.6 million square feet of dining, shopping and entertainment at The Market Place • Near Tustin Metrolink Station • Walking distance to LA Fitness • Minutes to Irvine Spectrum Center • Minutes to John Wayne Airport • Housing to accommodate every lifestyle – from apartment homes to single-family and estate home ARCHITECT: LPA YEAR CONSTRUCTED: 2008 SUSTAINABILITY: Bi-yearly e-cycling programs ©2011 The Irvine Company LLC. LIC. 01521891. All rights reserved.
    [Show full text]