Parks and Open Space
The ocV!BE master plan includes five new parks, totaling 20 acres, all linked via walkways and trails. A cornerstone of the parks will be a five-acre greenspace in front of ARTIC, which will have the ability to host outdoor concerts and events.
With 30 acres of open space and parks, central to ocV!BE is respite within the project itself. These public green spaces are fully integrated into the design of the project. All of ocV!BE will be connected by a trail system, including a 3-mile loop and access to existing public trails along the Santa Ana River.
ocV!BE will provide 13,000 new construction jobs and 3,300 permanent jobs upon operation. In addition, the project will generate more than $2 billion in one-time economic impact prior to completion and more than $400 million in annual recurring economic impact.*
Tax revenue generated by ocV!BE will assist the City of Anaheim in its efforts to enhance neighborhoods and public safety. The project will request no rebate or subsidy of General Fund tax revenues.
The project brings attractive restaurants and retail to Anaheim, allowing residents and visitors to dine and shop locally. It also creates a revenue stream to maintain and improve Honda Center, a publicly-owned facility, at no cost to taxpayers.
* Source: Independent analysis conducted by DTA, a national public finance and development economics firm.