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Developer Michael Harrah has unveiled plans to redevelop the 20-acre Santa Ana property that once housed the Orange County Register newspaper.

The $1-billion project, named 625IVE for its address at 625 Grand Avenue, calls for the construction of 2.35 million square feet of offices, multifamily residential units, retail space and a hotel.  The proposed development includes refurbishing existing buildings on the property, as well as the construction of up to three high-rise buildings on current parking lots.

Preliminary renderings show the property with new and historic construction bisected by a network of pedestrian paseos.  The tallest of the proposed towers, at a maximum height of 493 feet, would reign as the tallest building in Orange County at completion.

Harrah is also behind plans for the long-delayed One Broadway Plaza office tower, which would rise from a nearby site in Santa Ana.  He has estimated that construction of the $450-million development would take up to three years, although past claims to start construction on the project have fallen flat.

Image via OC Register
Image via OC Register

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Senior Affordable Housing Opens Near Orange County's Great Park

The two-building development features 157 apartments.
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Developers Related California and FivePoint have opened a new affordable housing complex near Irvine's Great Park.  The project, called Luxaira, features 157 residential units catering to low-income seniors.  It is the second senior affordable development to be built in the Great Park neighborhoods by Related, FivePoint, and collaborator RCC Charitage.  To date, more than 500 affordable housing units have been built around the park in four separate projects.