$4B OCVibe MXU Plan May Be Revised to Add More Housing

The backers of OCVibe, a nearly $4-billion plan to redevelop nearly 100 acres surrounding the Honda Center in Anaheim into a new mixed-use hub with apartments, retail, offices and hotels, are considering revising plans for the mega-development, reported the Orange County Business Journal. The revision would add more housing while eliminating one existing office complex. 

Backed by the Samueli family that owns the Anaheim Ducks, the development group has made early-stage applications with the city of Anaheim that would allow for the demolition of the three-building Arena Corporate Center. In its place, up to 750 additional housing units could be built, including 15% that would be designated as affordable housing. 

Officials with the developer told the Business Journal that the proposals are designed to “add flexibility” to their plans, given current market conditions, particularly for older offices. The proposed revisions to OCVibe remain in the early stages of discussion with the city of Anaheim, with a more formal proposal expected to be brought before the city this summer.

Pictured: A rendering of the current OCVibe plan. 

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