The City of Irvine and Irvine Company have partnered on a master plan to create new communities just steps from job centers and world-class hospitals. Each community is designed to be affordable for the local workforce, including Irvine’s young professionals, nurses, teachers and first responders, and all are about a 5-minute walk from major employment hubs.
The Plan
On March 14, the City of Irvine unanimously approved a master plan with Irvine Company to locate future homes in job centers affordable to Irvine’s workforce. Here are the key elements of the plan:
Locate homes near Irvine’s thriving job and economic centers
Communities are planned to meet the needs of employees and local businesses.
Sites include vacant areas in the Irvine Spectrum District and one building at The Market Place.
On average, each community will be about a 5-minute walk to job centers.
The plan preserves established village character and avoids open spaces.
Keep Irvine’s workforce local
At least 20% of new communities will be reserved for young professionals, nurses, teachers and first responders and those with similar income levels, exceeding current city requirements.
The plan also includes the dedication of a 4.6-acre site for additional affordable opportunities, specifically for households earning between $40,000 and $80,000 annually.
Fund community priorities
The plan includes approximately $60 million in funding for local priorities, like mobility improvements and public safety.
Locations
Irvine Spectrum District
The plan includes new housing opportunities on vacant sites within the Irvine Spectrum District. Please view the below project icons to learn more.
Technology Drive at<br>Irvine Spectrum District
Discovery Park at<br>Irvine Spectrum District
Los Olivos at Irvine Spectrum District
Pacifica Place at<br>Irvine Spectrum District
The Market Place Mixed-Use District
The plan includes a new housing community at a previously underutilized site within The Market Place Mixed-Use District.
The Market Place Master Plan
Irvine Voices
“Hoag is expanding our Irvine campus to enhance access to comprehensive, world-class healthcare. We need this type of housing to retain the top talent needed to fulfill this vision. This is especially true for exceptional nurses that would benefit from living in the community they care for.”
Robert Braithwait, President & CEO Hoag Memorial Hospital
“Our goal is to make the world-class healthcare offered at UCI Health easily available to everyone in Orange County. We need our community’s help to achieve this goal and support our growing workforce. This level of planning from the City and Irvine Company would be a major benefit to our organization and people.”
CHAD LEFTERIS, CEO, UCI Health
“I can’t think of a better location to place a new residential community. Our ice cream shop and the restaurants that surround us will gain a whole new base of customers to add to our already vibrant supporters. We’re looking forward to this new plan.”
John Wolikow, Handel’s Ice Cream, The Market Place
“I have been impressed with the stewardship that the Irvine Company, in partnership with the
City of Irvine, has engaged in mindful growth for the City. The plans look toward keeping our villages uniquely well planned and fostering a positive environment for our kids and working families.
”
