The County has two project sites in Irvine with development plans that were approved and received certified final Environmental Impact Reports (“EIR”), but a dispute over the project descriptions and proposed land uses have them tied up in complex litigation. OC Register | Graham and Voice of OC | Custodio & Gerda The El Toro […]
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Before the Planning Commission votes on the proposal for FivePoint X this Thursday, October 17, 2019 (click here for FivePoint X plans), here is some background on this parcel of land consistently referred to as “District 1-South” of the Great Park Neighborhoods. History On December 17, 2015, the Planning Commission approved the 1st Amended tract […]
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These are excerpts from the two-hour Planning Commission meeting of October 3, 2019. A highlight of the meeting was a dialogue on whether the Irvine Village Concept would be better implemented in new Irvine communities. The specific item on the Agenda appeared innocuous – a FivePoint parcel of land along Irvine Boulevard. The Commission considered […]
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Present Chair Dustin Nirschl (Appointed by Melissa Fox) Chair Pro Tempore Jeff Pierson (Appointed by Michael Carroll) Commissioner Stephen Huang (Appointed by Farrah Khan) Commissioner Christine Knowland (Appointed by Anthony Kuo) Absent Vice Chair Greg Smith (Appointed by Christina Shea) On October 3, 2019, the Planning Commission voted 3-1 (Commissioner Knowland opposed; Commissioner Smith absent) […]
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LifeTime Fitness Center Tonight at 5:30pm the Planning Commission will hold a public hearing in Council Chambers on an application submitted by FivePoint for LifeTime Fitness, a luxury fitness center. According to the Staff Report, here are the details: 3-story building resort-style health club 4-story parking structure. Entrance to the parking structure on Irvine Blvd. […]
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This Tuesday, September 24, the Great Park Board and City Council will be meeting. Here are some notable items: Great Park Board Agenda http://irvine.granicus.com/GeneratedAgendaViewer.php?view_id=74&event_id=1503 The Great Park Balloon lives another month! The Board will be voting to approve the extension of the balloon operations for an additional 30 days. The cost to extend the balloon […]
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Introduction Five Point Holdings LLC (“Five Point”) is one of two primary developers in Irvine. The other is Irvine Company. In this article, we examine basic facts about Five Point. This is just a little of the information a potential investor would routinely look into before investing. Our goal is not to be critical, but simply to […]
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Commissioners Present: Michael Carroll (Kuo) Steven Huang (Khan) Dustin Nirschl (Fox) Jeff Pierson (Wagner) Greg Smith (Shea) Highlights: Heritage Fields’ request for approval to amend their contract with the city with regards to their development project in Area 51 of the Great Park sheds light on how limited commissioners and city council members are with […]
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FivePoint requests approval for an additional 1,056 market rate housing units for a total of 10,556 in the Great Park Neighborhoods. Last night (3/5/19) the Irvine Transportation Commission unanimously approved (5-0) the FivePoint traffic evaluation (not the same as a study or analysis) for the proposed 1,056 additional housing units in the Great Park Neighborhoods. It […]
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FivePoint appears to be taking advantage of a loophole in the General Plan intended to provide more affordable housing. How? By asking our City Council to reclassify 1,056 “affordable homes” to “affordable” and “additive”. Let us explain. Loophole: The loophole is found in the General Plan Land Use element for classifying certain new development. By […]
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