One of the biggest casualties since the death of California Redevelopment has been the Orange County Great Park. The 1,360-acre expanse on the former El Toro Marine Corps Air Station near Irvine has seen more than $1 billion in funds redirected to other state priorities, putting its future in severe jeopardy.
One (very) partial solution just emerged, according to the LA Times: developer Fivepoint Communities would more than double the number of residences surrounding the park in exchange for chipping in $200 million to the city of Irvine to aid with park construction.
Of course that’s just a small fraction of what’s needed, leaving many wondering if the park, which is not even one-tenth complete, will ever be finished. But City Council member Larry Agran disagrees: “The fact of the matter is, the Great Park will be built. It may take longer than 20, 25 years, maybe 30 or 40 years. We’re making progress, and major construction is underway right now at the Great Park.”