BUSINESS NOTES
-- Andrew Glazer
A large Orange-based company announced Monday that it is moving its
national headquarters to Costa Mesa.
Experian Inc., a company that provides direct mailing and telemarketing
services, will build a campus-style complex one mile east of South Coast
Plaza.
Mayor Gary Monahan was exuberant that the company, which has more than
1,500 employees, chose Costa Mesa and not Irvine as its home.
“It’s really a great grab,” he said. “Especially when a lot of companies
are relocating south.”
Monahan, using a stream of enthusiastic superlatives, said the 19-acre
campus would feature a health club, shopping area and hotel on its
grounds. Experian will construct the 475,000-square-foot complex on Anton
Street near the junction of the San Diego and Costa Mesa freeways. The
project may cost the company as much as $100 million.
Monahan said Experian employees and business travelers visiting the
company will spend money in Costa Mesa and generate tax revenues for the
city.
Until Monday night, city officials kept negotiations with Experian
confidential. In written documents, the city and Experian covertly
referred to the project as “Project Orange Juice.”
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