Thank you for sharing!

Your article was successfully shared with the contacts you provided.

IRVINE, CA-A joint venture of OWR Development Inc. (Opus West) and Geoffrey H. Edmunds 3000 California LLC has unveiled a newly completed condominium project called 3000 The Plaza, a 15-story tower that features 105 units at prices starting in the mid-$600,000 range. The project is now 50% sold, according to the developers, who note that the development includes the Shops at The Plaza, an 11,000-sf retail component that is 80% leased.

Geoffrey H. Edmunds, president of Geoffrey H. Edmunds 3000 California LLC, cites “continued interest and an extremely positive response from home buyers and the brokerage community” despite the current economic conditions.”The developers say that move-ins are imminent at the project, which is located at the intersection of Jamboree Road and Campus Drive. Retailers scheduled to open in the fall will include the Urban Ranch Market, a market and deli for everyday groceries; Phan 55, a Vietnamese restaurant; Fukada Japanese restaurant; Coffee,Craft & Deli and Plaza Dry Cleaners.

The luxury condominium project is the third tower in the 13-acre master-planned development that also includes The Plaza-Irvine. The 3000 The Plaza tower features units ranging from 1,375 sf to 3,025 sf.

Designed by the architectural firm MV&P International, with landscaping by SWA and interior design by Parisi Portfolio, the 15-story tower includes 11 levels of single-story residences over enclosed parking. Ten penthouse units sit at the top of the tower.

The developers cite a number of selling points for the condos in addition to their design: a location adjacent to the open space of the San Joaquin Wildlife Sanctuary, proximity to John Wayne Airport and Newport Beach, and the convenience of nearby shopping, dining and entertainment.

Geoffrey H. Edmunds California Inc. is a unit of Scottsdale, AZ-based Geoffrey H. Edmunds & Associates. OWR Development Inc. is a member of the Opus Group of companies. From its Southern California regional headquarters in Irvine and its offices in Los Angeles and San Diego, Phoenix-based Opus West is currently developing or has completed more than 10 million sf of commercial development throughout Southern California.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join 1000+ of the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.