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At the corner of Main Street and Von Karman Avenue in the Irvine Business Complex, construction is underway on a slew of new additions, including a seven-story Hyatt Place hotel and a mid-rise office building.

Hyatt Place

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On Main Street, work is well underway on a seven-story structure that will house a 149-key Hyatt Place Hotel.  The steel-frame building is on pace for completion by the fourth quarter of this year.

17850VK

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A short distance from the hotel, a groundbreaking is nearing for 17850VK, a nine-story office tower that is being developed by Hines Interests and Oaktree Capital.  The proposed building, named for its address at 17850 Von Karman Avenue, will contain 237,000 square feet of leasable Class A space, as well as amenities such as a fitness center, conference facility and space for hosting food trucks.

The mid-rise tower, designed by Gensler, will feature floor-to-ceiling glass and flexible workspaces.

Completion is expected by Fall 2017.

From the Web

Slow Progress at San Pedro Small Lot Development

24 on Centre broke ground in October 2017.
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Ten months ago, Santa Clarita-based Williams Homes broke ground on a small lot subdivision in San Pedro.  The project, which replaces a vacant lot at the intersection of 8th and Streets, is known as 24 on Centre.  Plans call for 24 single-family residences, all of which would feature a rooftop deck and a parking garage.