Transactions - JUNE 29, 2020

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$3b mixed-use community coming to Anaheim, Calif.

by Andrea Zander

The Samueli Family, owners of the NHL’s Anaheim Ducks, has backed the $3 billion ocV!BE, a 115-acre mixed-use community and live entertainment district project in Anaheim, Calif.

The sustainable and transit-oriented district is scheduled to open in 2024 and be fully completed by the 2028 Olympics when Honda Center hosts indoor volleyball.

ocV!BE will surround its anchor, Honda Center, the home of the Anaheim Ducks, with a full range of lifestyle and public amenities as well as live entertainment venues. This includes a new 6,000-capacity concert venue, a 68,000-square-foot food hall, a variety of restaurants and retail, two new hotels with 650 total rooms, a 325,000-square-foot office tower, three unique public plazas surrounding the Honda Center, 2,800 residential apartment units that will include a 15 percent dedication to affordable housing, 30 acres of open space and parks, and a network of pedestrian bridges and walkways, including a landmark bridge over Katella

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