FivePoint, on behalf of Heritage Fields El Toro, LLC, is seeking approval for 1,174 homes and a park plan modification in the Great Park Neighborhoods at this Thursday’s Planning Commission meeting at 5:30PM. The 1,174 homes will consist of 1,062 market-rate condominium units and 112 affordable apartment units. FivePoint received entitlements (approval) to build a […]
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Want to know the history of the Great Park? This seven-part series on FivePoint’s Great Park home building entitlements will walk through the history of the area and how FivePoint achieved 10,556 home-building entitlements in the Great Park. 1. Looking Back to Look Forward 10,556 homes. Let’s look back to understand the history of the […]
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In the previous post in this series on Great Park development and entitlement numbers, I wrote about a 2011 Irvine city council vote that change the direction of development at the Great Park. In this article, we will see how FivePoint’s homebuilding entitlement numbers for the Great Park approximately doubled. The November 2012 election brought […]
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Irvine Company Seeking 520 Additional Homes Near Asphalt Plant Tonight, the Planning Commission will decide the fate of the Irvine Company’s request to build luxury homes in a gated community near the All American Asphalt plant. To recap, on October 21st, the Planning Commission voted 3-2 to postpone the decision. That decision will be made […]
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When I hear the word “trust” in the name of an entity, it resonates with me. “Trust” is a strong word which speaks of confidence, reliability, and uprightness. It brings to mind honorable custodians of a sacred charge: people sworn to protect and advance interests beyond their own. Perhaps the City of Irvine had something […]
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Photo: The Original Plan for the Great Park, 2005-2006 “Entitlements are legal rights conveyed by approvals from governmental entities to develop a property… . Entitlements can be a major factor in the ultimate use, viability, and value of your property.“—Urban Land Institute In the previous article in this series, I wrote about the defeat of […]
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“I view what we do here as a vision,” FivePoint Holdings Founder and Chairman Emeritus Emile Haddad says, redundantly, in a promotional video on the company’s website. “When you lead from the front, it is easier for people to follow” is another Haddad head-scratcher. What it does not say is that FivePoint has reportedly spent over $2 […]
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My Grandpa Dan had a rule: only one person was allowed to get up from the dinner table at a time. He was adamant about it. The story goes that there would come a point during dinners when Granny and their four kids would leave the dining room and dart about after seconds, for dessert, or to clear the table. […]
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It’s #TBT! Here is a December 2016 interview of former Mayor Beth Krom, by Inside OC’s Rick Reiff. Fivepoint, the developer for the Great Park, was a sponsor for this PBS program. Krom discussed a wide-range of topics including developer influence in our elections, the development of the Great Park, and ends the interview discussing […]
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The Great Park Board will be meeting today, September 28, 2021 at 2pm, followed by the City Council meeting at 4pm with two full agendas. For info on how to participate in the Great Park Board meeting click here. For info to participate in the City Council meeting click here. City Council Agenda Here are […]
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