the collection - shopirvinecompany.com · and entertainment since its opening in 1995. as one of...
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®Irvine Company LLC, 2013. All Rights Reserved. Irvine Spectrum, Irvine Spectrum Center and Irvine Ranch are registered trademarks of the Irvine Company. Los Olivos is a trademark of the Irvine Company. All properties are offered for lease by Irvine Realty Company, a licensed real estate broker. Lic. 01521891 This information is compiled from data believedto be correct but Irvine Company makes no representation or warranty as to the accuracy or completeness of such data.
THE COLLECTION
A SPECTRUM OF OPPORTUNITY
POPULATION
HOUSEHOLDS
MEDIAN AGE
BACHELORS DEGREE
OR HIGHER
AVERAGE HOUSEHOLD
INCOME
TOTAL EMPLOyEES
TOTAL BUSINESSES
HH INCOME By %
$75,000 – $99,999
$100,000 – $149,999
$150,000 – $199,999
$200,000 +
10-MILE1,064,921
375,488
36
45.1%
$109,207
643,755
56,702
12.7%
20.0%
10.4%
12.6%
DEMOGRAPHICS/FACTSIn the heart of Orange County as part of the
renowned master-planned Irvine Ranch®, lies an
area featuring a mix of residential, office, top-quality
schools, medical facilities and retail known as
IRVINE SPECTRUM®. Located near the 405, 5,
and 133 freeways and the 241 toll road, the area
offers superior access and visibility to more than
half a million vehicles per day.1 Further, the nearby
Irvine Transportation Center and John Wayne
Airport make commuting and traveling a breeze.
Irvine Spectrum Center®, Alton Marketplace, Alton
Retail Center and Los Olivos™ Shopping Center
comprise THE SPECTRUM COLLECTION, a
combination of four unique shopping centers that
together offer the opportunity to reach more than
one million customers2 and 80,000 employees3
in the Irvine Spectrum area as well as 44 of the
most affluent Orange County zip codes.
All four centers are conveniently situated in one
of Orange County’s fastest growing business and
residential communities as the Irvine Spectrum
population is expected to add 50,000 residents
and over 20,000 office workers4 to the trade area
by 2017. With average household income, retail
goods spending and population with bachelor’s
degree or higher on the Irvine Ranch all being
nearly double the US national average, this area is
positioned for success.5
Go ahead and explore the awaiting opportunities!
• Irvine is among the best US small cities in which to start
a business.6
• Irvine ranked America’s 6th best small city to live.7
• Irvine named as safest US city for eight consecutive years.8
• Irvine retail spending per household is nearly four times
above the US national average.9
• Irvine Spectrum Center ranks #1 in restaurant sales for
regional shopping centers in Orange County.10
• Total Irvine Company retail sales were up 7.3% in 2012
compared to national average of 5%.11
5-MILE298,284
112,742
38
51.0%
$103,969
177,107
13,469
13.7%
19.9%
10.6%
10.3%
The four centers that comprise The Spectrum Collection serve the area in their own unique way but also influence
customers to stay in the area longer and visit more frequently. Irvine Spectrum retail is especially important to meet
the mounting needs of the growing office and residential communities, which are increasing beyond the standard
yearly rates due to additional planned development. The area is a prime example of the live, work, play design.
THE FUTURE
OFFICEIrvine Spectrum is already home
to 3,500 companies ranging from
Fortune 500 firms to cutting-edge
start-ups. Companies located in
the area are highly respected in
the medical, professional services,
technology, biotechnology, and
automotive design industries.
CoreLogic, Asics, Blizzard
Entertainment, KPMG, Capital Group
Companies, Taco Bell, Gateway,
WATG, Mazda, Verizon Wireless and
more all call Irvine Spectrum home.
The area will add 4.9 million square
feet of office space over the next
several years.
APARTMENT HOMESThe Village Apartment Homes,
voted best community in Orange
County three years in a row12, and
soft-loft living at The Park Apartment
Homes account for more than 3,000
apartments in the heart of Irvine
Spectrum. Recently opened is Los
Olivos Apartment Homes, directly
across from Los Olivos Shopping
Center, which adds more than 3,500
residents to the area. Two additional
apartment communities are also planned
for the area to offer another 2,800
potential customers to the retail centers.
NEW HOMESLaguna Altura, Irvine’s only coastal
canyon village, recently opened four
luxury neighborhoods at the junction
of the 405 freeway and state route
133, offering The Spectrum Collection
access to affluent customers.
Additional future development will
bring more than 32,900 homes to
the area over the next several years.
Just off the 405 freeway at Irvine Center Drive is Los Olivos Shopping Center, anchored
by 24 Hour Fitness and Spectrum Montessori School. The center offers 62,200 square
feet of food and service options to meet the needs of nearby office workers and
residents; Phase II of the center will add approximately 100,000 square feet to the site.
Directly across the street is the new Los Olivos Apartment Homes, which opened 1,750
units early 2013. An additional 1,950 homes are also planned in the same area across
the street from the center.
LOS OLIVOSTM SHOPPING CENTER
Alton Marketplace offers exceptional freeway visibility and accessibility from its prime
location off the 5 freeway at Alton Parkway. At 345,250 square feet, this power center
is anchored by Walmart, Living Spaces Furniture, and PGA TOUR Superstore (opening
late 2013) and is neighbor to Costco.
Alton Retail Center offers convenient access off
the 5 freeway for commuters and the affluent Irvine
Spectrum work force. This 16,000 square-foot
retail center attracts professionals looking for dining
choices and services close to work and features
Starbucks Coffee, 7-Eleven, Bruegger’s Bagels and
more.
ALTON MARKETPLACE
ALTON RETAIL CENTER
Irvine Spectrum Center is continually voted a top place to visit in Orange County for dining
and entertainment since its opening in 1995. As one of the region’s most popular shopping
destinations, the 1.2 million-square-foot center is visited by more than 16 million people each year.
The center offers an Italian 108-foot Giant Wheel and boasts a top performing comedy club and
movie theater. The Irvine Spectrum office and residential customers, along with the broader trade
area, are attracted to Irvine Spectrum Center for its unique mix of dining, entertainment and
shopping – an average shopping trip is 35% longer than the national average.13
IRVINE SPECTRUM CENTER®
For more information on opportunities within The Spectrum Collection, please contact our leasing team:
101 Innovation Drive Irvine, CA 92617 949.720.2535ShopIrvineCompany.com
Irvine Company is one of the most respected and diversified private real estate companies
in America. In addition to the balanced, sustainable master-planned communities it has
created, the company is admired for its best-of-class real estate portfolio comprising retail
and office properties, apartment and residential housing communities, and luxury resort
properties in Orange County, San Diego, Los Angeles and Silicon Valley.
Guided by an unwavering pursuit of excellence since 1864, the Irvine Company’s vision —
like its history — is long-term.
®Irvine Company LLC, 2013. All Rights Reserved. Irvine Spectrum, Irvine Spectrum Center and Irvine Ranch are registered trademarks of the Irvine Company. Los Olivos is a trademark of the Irvine Company. All properties are offered for lease by Irvine Realty Company, a licensed real estate broker. Lic. 01521891 This information is compiled from data believedto be correct but Irvine Company makes no representation or warranty as to the accuracy or completeness of such data.
1OCTA, 2011.
2ESRI, 2012.
3 Irvine Company Office Properties, 2012.
4 Stoffel & Associates, 2012.
5ESRI, 2012.
6 Business Week, 2009.
7 CNN Money, 2012.
8 FBI Crime Rankings, 2012. City with
a population larger than 100,000.9
Bundle.com, 2012.10
Stoffel & Associates, 2012.11 US Department of Commerce, 2012.12
Orange County Register, 2012.13
Intercept Study, 2012.