Irvine Co. expands California apartment development with 12,000 new units

mercurynews.com

Irvine Co. is building 3,000 apartment units and plans for 9,000 more across California, bucking a national trend of slowed development. The company is converting office and retail spaces into housing, with projects underway in Orange, San Diego, and Santa Clara counties. This expansion occurs despite a 25% decrease in California apartment permits over two years. Irvine Co.'s owner, Donald Bren, known for long-term investment strategies, is confident in this unconventional approach, emphasizing integrated "live-work-play" communities.


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Irvine Co. expands California apartment development with 12,000 new units | News Minimalist