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15-story office building proposed for Anaheim’s Stadium Towers Plaza

15-story office building proposed for Anaheim’s Stadium Towers Plaza

The 15-story building would stand next to Stadium Tower I, which was built in 1989 and stands 12 stories with 270,000-square-feet of office space and has an existing 812-space parking structure. ART MARROQUIN, STAFF ,

ANAHEIM – The owner of Stadium Towers Plaza wants to build a second mid-rise office building next to Angel Stadium, according to paperwork filed with Anaheim’s Planning Department.

CIM Group LP of Los Angeles submitted a conceptual development plan last month for Stadium Towers II, a 15-story building with up to 300,000 square feet of office space, along with a five-level parking structure with up to 788 spaces.

“CIM has initiated a dialog with the city of Anaheim to explore, in concept, the potential,” company spokeswoman Karen Diehl said in an email.

Diehl did not say how much it would cost to construct the proposed project at 2400 E. Katella Ave., which is adjacent to the stadium grounds.

The structure would stand next to Stadium Towers I, built in the late 1980s and standing 12 stories with 270,000 square feet of office space; there is a 812-space parking structure serving it. The online sports and entertainment ticket seller StubHub has its name on the mid-rise, visible from the north side of Angel Stadium.

Stadium Towers Plaza’s 7.9 acres has seen a series of ownership changes in recent years and was purchased in February 2014 by CIM Group for $ 60 million. The land was zoned for office buildings in 1985, and the second mid-rise was initially proposed years ago.

The new building would go where surface parking is currently.

Anaheim’s Planning Department is scheduled to give its input about the proposed project this month, said city spokesman Mike Lyster.

If the company moves ahead, then CIM would need to file a formal application that would be reviewed for up to six months and then considered by the Anaheim Planning Commission.

The building would be the latest in a surge of construction along Katella and its cross-streets that includes large residential complexes and hotels.

Contact the writer: 714-704-3769 or amarroquin@ocregister.com

The Orange County Register – News Headlines : Real Estate News