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Orange County Business Council Commends City of Irvine on Approval of OC Great Park Plan

IRVINE, CA -- (Marketwired) -- 11/27/13 -- Orange County Business Council, its members and board of directors under the leadership of Chairman Michael Hornak, Rutan & Tucker LLP, commends the City of Irvine, its staff and residents, on the historic vote approving the long-awaited development of the Orange County Great Park.

FivePoint Communities, led by CEO Emile Haddad, presented a compelling plan for development of homes, schools, infrastructure, and public amenities, including sports fields and entertainment venues -- all contributing to robust economic development and jobs creation for Irvine and Orange County. With more than 40 hours of public hearings and over 10 years in the making, a final vote today at 1:46 a.m. was welcomed by a jam-packed council chamber.

"Congratulations!" said Lucy Dunn, President and CEO, OCBC. "This is a historic day for the county with promises finally fulfilled. Special thanks to Mayor Steven Choi, Mayor Pro Tem Jeff Lalloway, and Councilmember Christina Shea for exceptional due diligence in securing unparalleled public benefits for Irvine residents and visitors. Bravo!"

About OCBC:
Orange County Business Council is the leading voice of business in Orange County, California. OCBC represents and promotes the business community, working with government and academia, to enhance Orange County's economic development and prosperity in order to preserve a high quality of life. OCBC serves member and investor businesses with nearly 250,000 employees and 2,000,000 worldwide. In providing a proactive forum for business and supporting organizations, OCBC helps assure the financial growth of America's sixth largest county. For more information, visit www.ocbc.org.

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