Slated to encompass 38 acres upon completion, the project has been called a "significant asset" to the community by Lake Forest Mayor Richard T. Dixon. "It brings jobs, tax revenues and consumer confidence to South Orange County," he says.
Thus far, Daimler Chrysler/Plymouth/Jeep, Joe MacPherson Chevrolet, Tuttle Dodge and General Motors Buick/Pontiac have all signed on, with dealerships designed to total 16 acres combined at build-out. Daimler Chrysler/Plymouth/Jeep's facility is scheduled for a 90-day completion, while the remaining three dealerships are expected to open for business in early 2003.
Developed by Foothill Ranch Co., the complex is rising along the 241Transportation Corridor at Portola Parkway and Glenn Ranch Road. It is "an extension of the 243-acre Town Centre & Marketplace, further ensuring the area as the primary shopping destination for south Orange County consumers," according to Dougall Agan, Foothill Ranch Co.'s vice president.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
