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Local Group First to Confront New Slow-Growth Law

ORANGE COUNTY, CA-Private developer Tim Strader Sr. and his partners win the planning commission's approval to build a 10-story office tower in Newport Beach. Under a new law, the project now also needs to win a public vote.

By David W. Myers | Updated on June 10, 2001

ORANGE COUNTY, CA-A proposal by a private investment group to build a 10-story office tower in Newport Beach has been approved by city planners, setting the stage for the first public vote on a project that falls under a new slow-growth provision in the city charter.

A group led by Newport Beach resident and investor Tim Strader Sr. wants to build the 250,000-sf tower at MacArthur Boulevard and Jamboree Road, inside Koll Development’s master-planned Koll Center Newport project. Plans for the tower were unanimously approved by the local planning commission late last week and forwarded to the City Council.

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