A $3 billion, 115-acre mixed-use community and live entertainment district is being developed for the area around Honda Center in Anaheim, officials announced Wednesday.

Dubbed ocV!BE, the center will include a 6,000-capacity concert venue, a 68,000-square-feet food hall, a variety of restaurants and retail, two new hotels with 650 total rooms, a 325,000-square-feet office tower, three public plazas surrounding Honda Center, 2,800 residential apartment units, 30 acres of open space and parks, and a network of pedestrian bridges and walkways.

It is scheduled to open in 2024 and be fully completed by the 2028 Olympics, when Honda Center hosts indoor volleyball.

“ocV!BE will provide a live, work, and play community of a scale not seen in Orange County, with live entertainment events and activities year-round,” said Tim Ryan, CEO of ocV!BE Sports & Entertainment, LLC, which will manage the development and operation of the district.

The project is being built by the Samueli Family, owners of the Anaheim Ducks, who play their home games at Honda Center.

“ocV!BE will transform Anaheim as a destination. This exciting project will assist Anaheim in attracting and retaining guests, particularly conventioneers, to dine, shop, stay and be entertained in Anaheim, generating significant revenue for the local hospitality industry and the City of Anaheim,” said Jay Burress, CEO of Visit Anaheim, the city’s tourism bureau.

A 2018 agreement between the city and Anaheim Ducks ownership, extending the team’s commitment to Anaheim for up to an additional 50 years, paved the way for a series of private acquisitions by ownership, leading to control of the 115 acres surrounding Honda Center.

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