Irvine Park Construction Timeline Doubles
"For starters, extensive demolition is required. The base once had nearly 900 non-residential structures as well as single-family and multi-family homes representing 2,200 housing units.
Many of El Toro's building have been razed by developer FivePoint Communities – a spin-off of original landowner Lennar – as it prepares to break ground on a community of 5,000 homes that will take 10 years to build, assuming stable economic conditions.
Demolition was made easier because few of El Toro's structures are seen as culturally significant."
"The 5,000 homes cover only about half of FivePoint's land, and a timeline hasn't been released for developing the remaining property, which could include an urban, downtown-style area near the Irvine train station."