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Approvals for the project went through in a tight 4-3 vote of the City Council in January. The total cost of the lecture hall, $23.4 million, will be split between the city and the Newport Beach Public Library Foundation.
Irvine Co. is exploring plans for what appears to be its largest-ever office-to-residential redevelopment project, at the site of an office park it owns in Silicon Valley.
Shaheen Sadeghi, the head of LAB Holding LLC, and the developer of iconic Orange County retail projects like The Lab and Camp centers in his company’s hometown of Costa Mesa, as well as the Anaheim Packing House, is aiming to start construction this August on a nearly 60,000-square-foot project in the San Diego County city that will emphasize “micro-manufacturing.”