The nine-story Pacific Life building, a build-to-suit for theinsurance company, is due to be completed in 2008 and will housesome 1,100 Pacific Life employees in what will be the tallestbuilding in the suburban Aliso Viejo market. The Pacific Lifebuilding is at 45 Enterprise, and the two spec buildings, fourstories each, are at 20 and 30 Enterprise.

The new office space will join another phase of the Summit thatis now under construction, a Renaissance/ClubSport full-service174-room hotel and fitness resort that is due to be completed inJanuary. Once the new offices and the Renaissance are in place, theonly building remaining to get under way at Summit will be aneight-story, 211,000-sf office tower at 35 Enterprise.

When Parker completes the final phase of construction at theSummit, it will mark the culmination of a dozen years of planningand development at the campus, McKenzie observes. Aliso Viejo hasevolved into a full-service office market during those dozen years,he says, pointing to the Pacific Life deal as a sign of thatevolution.