$150 million reinvestment in Irvine Spectrum Center underway

More than 20 new stores and additional amenities will bring the next generation of shopping, dining and entertainment to the popular center.

IRVINE, Calif. (Jan. 7, 2016) — Irvine Company recently announced a major $150-million reinvestment in Irvine Spectrum Center—celebrating its 20th anniversary—that will feature more than 20 new stores, new landscaping, outdoor seating and shade areas, state-of-the-art amenities, and circulation and parking-garage improvements.

At the heart of the popular center’s reinvestment will be more than 20 carefully curated stores located within two new buildings.

Irvine Company officials will announce some of the key retailers going into the new buildings at Irvine Spectrum Center over the coming year, emphasizing that the stores will complement and enhance the current tenant mix.

Between 2014 and 2015, the Irvine Company invested more than $40 million in Irvine Spectrum Center that added approximately 57,000 square feet of space to bring in new retail stores and restaurants, including Sports Authority, TLT Food, Del Frisco’s Grille, BRIO Tuscan Grille, and Kona Grill.

The center also completed a retrofit of its Giant Wheel (with 12,500 standard bulbs replaced with more than 52,000 energy-efficient LED lights capable of a dazzling 16 million different color schemes), parking garage enhancements and improvements to the “ring road” and Spectrum Center Drive.

Explore Irvine Spectrum Center and other Irvine Company retail centers here.  Current development projects California.

—January 2016