FirstService Residential to Manage Irvine's Great Park Neighborhoods Community Association
IRVINE, California -- January 15, 2014 – FirstService Residential, one of California’s leading property management companies, has been selected to operate the community association for Pavilion Park, the first of the Great Park Neighborhoods. FivePoint Communities is the development manager of Great Park Neighborhoods, Irvine's newest master-planned, mixed-use development, which opened its first neighborhood to thousands of potential homebuyers in September 2013.
Pavilion Park opened with 726 homes, 10 new home collections and 31 models by eight of America’s premier builders. Featuring homes built in the American Heritage style, the neighborhood is arranged around the nearly 5-acre Pavilion Park that includes swimming pools, playground, sport courts, community greenhouse and neighborhood terrace and pavilions. Unique to Pavilion Park are the decades-old heritage trees reclaimed from the Marine Corps Air Station El Toro and replanted to give the neighborhood an established feel right from the start.
“FivePoint Communities is developing one of the most innovative master-planned communities in the country and we look forward to providing day-to-day management of Pavilion Park that allows residents to fully enjoy all of the great amenities and lifestyles,” said Bob Cardoza, President of FirstService Residential, California. “Our reputation and experience are directly aligned with the philosophy and direction that FivePoint Communities envisions for Pavilion Park and the rest of Great Park Neighborhoods. We offer in-depth knowledge and experience, as well as a full array of services, that will help create and sustain a dynamic experience for residents of this unique community.”
Located in central Orange County, Great Park Neighborhoods is adjacent to the nearly 1,300-acre Orange County Great Park. The community places a strong emphasis on an active lifestyle encouraging residents to bike and walk on trails that will ultimately connect the neighborhoods to the Great Park, retail and nearby open space. The southern portion of the property is adjacent to the Irvine Transportation Center that includes Amtrak and Metrolink train service.
About FirstService Residential
FirstService Residential is a subsidiary of FirstService Corporation, a global leader in the rapidly growing real estate services sector, one of the largest markets in the world. As a leading property management company in North America, FirstService Residential oversees more than 6,500 residential and commercial associations including 1.5 million residential units and over 50 million square feet of commercial space across 21 U.S. states and three provinces in Canada. The company has more than 12,000 employees driving local market expertise and manages in excess of $6 billion in annual budgets. For more information, visit www.fsresidential.com