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IRVINE, CA-The new 261,000-sf office tower planned by Hines and Crescent Real Estate Equities will be called 2211 Michelson and will be a 12-story tower designed by DMJM, according to plans unveiled by Hines. The class A project will be the first ground-up construction in Orange County for Hines, which is developing the office tower in partnership with Crescent through an entity called Hines/Crescent Irvine.Houston-based Hines and Fort Worth-based Crescent will develop the project on a 1.2-acre site that is within the original Koll Center Irvine South Campus and just east of John Wayne Airport. Doug Holte, SVP and director of Hines’ Southern California operations, says that 2211 Michelson is the first project in an Orange County market where Hines “intends to significantly grow its presence” through development of new projects and “selective acquisitions.”Holte, an Orange County native and an 18-year Hines veteran, recently launched the company’s Orange County investment and development office. Holte, one of Hines’ four western regional partners, says the company was drawn to the county in large part because “Orange County has matured into a true 24-hour, stand-alone marketplace.”Projects that Holte has overseen at Hines include the 538,000-sf Lantana Media/Entertainment campus in Santa Monica, the San Diego Padres Ballpark and the Gateway Office/Lab Campus in the San Francisco Area. In addition, he managed the acquisition and renovation efforts for 15 office buildings totaling five million sf in Westside Los Angeles, San Diego County and the San Francisco Area.According to design architect Paul Danna, a principal of DMJM Design, the 12-story office building will feature some of the most extensive decorative building-top night lighting in the Irvine office district. It will become part of a setting that includes existing office buildings at the Von Karman Towers campus and future office, retail and residential uses under development along Michelson Drive.The building design will feature typical floor plates of 23,000 sf of column-free space. An adjacent parking structure will provide four stalls per 1,000 sf of office space in addition to visitor surface parking spaces. Hines/Crescent Irvine, expects to begin construction in early 2006 and complete construction in mid-2007.

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