OCVIBE to Transform Anaheim Area by 2033
The $5 billion project will revitalize 110 acres around the Honda Center into a massive multi-use complex.
Updated on Oct. 28, 2026 in Commercial
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The Samueli family is redeveloping 110 acres surrounding the Honda Center into a multi-use complex named OCVIBE. The ambitious project is scheduled for completion by 2033.
Why it matters
The development aims to create a live-work-play environment that generates sustained economic activity beyond event hours. Increasing visitor stays by just one day is projected to generate nearly $1 billion in hotel occupancy revenue for the city.
The project involves building 2,000 residential units, 168,000 square feet of office space, and a 5,000-seat concert hall. Additionally, 62 acres of surface parking will be replaced by new structures capable of housing 11,000 vehicles.
The players
The Samueli Family
They are the private investors and owners of the Anaheim Ducks who initiated the land acquisition for the OCVIBE project.
Kroenke Sports & Entertainment
This organization is an investment firm expected to secure approval for the purchase of the Los Angeles Angels.
Visit Anaheim
This is the city-aligned agency that tracks and promotes the economic impact of local tourism and development.
The details
The site will feature 36 restaurants and six bars intended to capture revenue from local visitors and those drawn by major attractions. This infrastructure shift aims to mirror successful mixed-use districts that maximize revenue from Anaheim's 26.5 million annual visitors.
Timeline
1993: The Honda Center opened in Anaheim.
November 2018: The land purchase process for the OCVIBE area began.
Early 2027: Expected MLB approval for the Kroenke Sports & Entertainment purchase of the Los Angeles Angels.
2033: The OCVIBE redevelopment project will be complete.
Culture Shift
OCVIBE follows the pattern set by the $262 billion investment trend in sports-anchored mixed-use developments currently occurring nationwide. This transition represents a shift toward dense, year-round urban entertainment hubs that move beyond the legacy of seasonal single-use facilities.
The development of OCVIBE is set to bolster city revenue, which contributes to the Transient Occupancy Taxes that currently save the average Anaheim family $9,000 annually. Residents can expect a significant transformation of the parking landscape and increased year-round traffic in the district.
The takeaway
Large-scale mixed-use developments like OCVIBE represent a move toward maximizing the economic utility of land surrounding major sports venues. Residents should monitor the 2033 project completion timeline as infrastructure expansion may influence local transit and traffic patterns.
Further reading
Read more about major area upgrades on our Anaheim Commercial page.
Source note: This article includes information reported by Newsweek.
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