The Anaheim Planning Commission has approved an updated development plan for the OCVibe project. This $4 billion project, located around the Honda Center, aims to enhance the area with additional housing and amenities.
City council is expected to review the changes later this month.
To obtain approval, a proposal originally adopted by in 2022 was revised, allowing for more affordable apartments while reducing office space. This change responds to decreased demand for office facilities and a persistent demand for residential units.
The new development plan will eliminate the proposed 384,000-square-foot Arena Corporate Center office complex north of Honda Center, replacing it with up to 750 additional apartments, 15,000 square feet of retail space, and up to 325,000 square feet of newly constructed office space.
Depending on the office space built, the area could see an increase of either 460, 675, or 750 new apartments, raising the total number of OCVibe apartments from the originally approved 1,500 to between 1,960 and 2,250. Meanwhile, total office space for the OCVibe project will decrease to 563,875 square feet from 948,250 square feet.
There will be no alterations to the planned six-story building, which includes four floors of office space totaling 141,800 square feet and is already under construction south of Honda Center. Additionally, a commercial concert amphitheater planned for Meadow Park near the ARTIC transit hub will be replaced with more public park space.
The planning commission approved a series of changes to the city’s general plan, the Platinum Triangle Master Land Use Plan, the Anaheim Municipal Code, and a development agreement between OCVibe and the city.
The OCVibe project encompasses 100 acres aimed at creating new entertainment, shopping, dining, apartments, offices, hotels, parks, and open spaces around the Honda Center and ARTIC. Current construction includes parking structures and roadwork along the Orange (57) Freeway near Katella Avenue, with parking set to open in 2025. Much of the project is anticipated to be completed by the 2028 Olympics, coinciding with Honda Center’s expected role in hosting indoor volleyball events.
For more information, visit Anaheim.net/OCVibe.