A developer, which planned to demolish a nine-building corporate center in the Irvine Business Complex (IBC) and replace it with a 541K square foot warehouse has reached a deal with the city to build housing on the site instead.
Last month, the Irvine City Council postponed a vote on the huge industrial complex that Von Alton LLC was planning for a 25-acre site at Von Karman Avenue and Alton Parkway after concerns were raised that the project would jeopardize Irvine’s plan to build 15,000 residential units in the IBC to meet its state-mandated goal for new housing.
“The whole idea of creating walkable communities is absolutely destroyed by a warehouse complex that’s an entire square block,” Mayor Larry Agran said.
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