Construction on what is expected to be Orange County's tallest building can now move forward, thanks to a decision made Monday night by Santa Ana officials.
Courtesy of onebroadwayplaza.com
The City Council voted 4-0 to eliminate a measure that required developer Michael Harrah to lease half of the planned 37-story One Broadway Plaza office tower before construction could begin. The condition played a part in bringing the project, which was first approved in 2005, to a standstill.
"Last night was very historic, in the fact that the City Council was behind the project and defended the project," said Harrah, who called One Broadway Plaza the "beginning of vertical urbanization" in Santa Ana.
City officials also OK'd a measure that will give Harrah more time to pay for traffic studies related to the project. However, the council rejected an amendment that would have allowed Harrah to seek economic subsidies from the redevelopment agency.
One Broadway Plaza, which will be located in midtown Santa Ana, will boast an energy-efficient design and will include an eight-level parking structure, among other features, according to a staff report.
Additionally, the project could generate as many as 2,900 jobs during construction, which could begin as early as the fall.
Orange County High School of the Arts buys OC Pavilion
O.C. property-development firms honored with Gold Nugget Awards
Newport Beach's Voit boosts its tech offerings