FivePoint Holdings wants to squeeze more homes into its Great Park Neighborhoods megaproject in Irvine while sacrificing commercial space. The local developer is asking city officials to approve nearly 1,300 more residential units at the 2,100-acre Great Park Neighborhoods, the Orange County Business Journal reported. The move would increase entitlements for the master-planned community from 10,566 homes to 11,856. The acreage is part of the former Marine Corps Air Station El Toro. The additional homes would largely rise in parts of the Great Park Neighborhoods that were previously slated to host office, retail and other commercial development. FivePoint pivoted to […]
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