ocV!BE Sports & Entertainment, LLC

ocV!BE Sports & Entertainment, LLC is spearheading the development of a transformative 115-acre mixed-use community and live entertainment district in Anaheim, California. This ambitious project, valued at approximately $3 billion, is set to surround the Honda Center—the home arena of the Anaheim Ducks NHL team—and aims to create a vibrant hub for residents and visitors alike.

Comprehensive Development Plan

The ocV!BE district is meticulously designed to offer a diverse array of amenities and facilities, including:

• Entertainment Venues: A new 6,000-capacity concert hall and a 5,700-seat entertainment venue are planned to host a variety of live performances and events.
• Dining and Retail: A 68,000-square-foot food hall, numerous restaurants, and retail spaces will provide a wide range of culinary and shopping experiences.
• Hospitality: Two new hotels with a combined total of 650 rooms are set to offer accommodations for visitors and guests.
• Residential Units: Approximately 2,800 residential apartments, including a 15% allocation for affordable housing, will cater to a diverse community.
• Office Space: A 325,000-square-foot office tower is planned to attract businesses and professionals to the area.
• Public Spaces: The development will feature three unique public plazas, 30 acres of open space, and a network of pedestrian bridges and walkways, including a landmark bridge over Katella Avenue.

Economic Impact and Community Benefits

The ocV!BE project is projected to generate nearly 13,000 construction jobs and approximately 3,300 permanent jobs upon completion. An analysis by DTA, a public finance and development economics firm, estimates a one-time economic impact exceeding $2 billion, with an annual recurring economic impact of over $400 million.

Sustainability and Transit Integration

Emphasizing sustainability, ocV!BE plans to incorporate rooftop solar panels on all parking garages and a central utility plant to enhance energy efficiency, aiming for a 25% reduction in power usage. The development seeks LEED certification for all office, hotel, and concert hall buildings, and WELL Building Standard certification for all commercial and residential buildings.

The project integrates the existing Anaheim Regional Transportation Intermodal Center (ARTIC), enhancing connectivity through rail, bus, and other transit services.

Timeline and Future Outlook

The first phase of ocV!BE is scheduled to open in 2024, with the entire project expected to be completed by the 2028 Summer Olympics, during which the Honda Center will host indoor volleyball events.

This development is poised to redefine the Anaheim Platinum Triangle area, creating a dynamic environment that seamlessly blends residential, commercial, and entertainment spaces.

Location

The ocV!BE district is located in Anaheim, California, USA, surrounding the Honda Center at 2695 E Katella Ave, Anaheim, CA 92806.

Locations include:

• Anaheim, CA, USA