EQ Breaks New Ground to Bring Orange County VKCC (Von Karman Creative Campus)

JULY 6, 2017, IRVINE, CA - Equity Office is breaking from the monotony of traditional office environments in Orange County by offering tenants a whole new workplace experience geared toward improving employee productivity and recruitment. Formerly known as the Von Karman Corporate Center, the expansive creative campus will transform almost a full city block at the corner of Von Karman Avenue and Alton Parkway in Irvine into the first large scale creative office community in Orange County. A new park-like promenade enhanced with a café, outdoor work areas, lifestyle amenities, recreational zones and social spaces will run through the center of the project and the full length of the 24-acre campus. “We’re bringing a fuller service experience to the workplace that has been largely ignored in Orange County,” explains Rich McEvoy, Vice President – Portfolio Director at Equity Office. “VKCC offers its occupants top tier hospitality services and amenities that help its customers stay engaged at work while improving their lives. VKCC won’t simply be a place where employees come to work, but a place where they can also connect with others, recharge, innovate, and thrive.” Highlights of the campus will include a complimentary on-site concierge to assist with personal tasks, an indoor/outdoor fitness center, free group fitness classes, onsite cafe, dedicated dog parks, regular food trucks and farmer’s markets, iShuttle service to Metrolink and John Wayne Airport, exterior event spaces, bike lockers, entertainment opportunities and other regularly scheduled community events. As Millennial presence in the workforce accelerates (making up 38% of the workforce today and over 50% by 2020), so does the necessity to develop appealing environments to attract and retain them. According to a recent Gallup poll, 55% of Millennials are not engaged at work. This lack of engagement costs the U.S. economy $284 to $469 billion annually in lost productivity. According to Gallup, Millennials are not willing to sacrifice life for work. They look for companies that enable them to integrate the two and value and honor them as people. Furthermore, they are drawn to companies that care about their well-being. Von Karman Creative Campus was designed for that purpose. It provides employees with on-site experiences and personal services that are proven to enhance their wellness, innovation, and productivity. “VKCC offers tenants of all sizes, not just the big ones, the luxuries of a headquarters style mega-campus,” explains McEvoy. “We are creating a workplace experience with more amenities and more opportunities for work-life balance than ever before.” The development, slated to be completed by the 1st quarter of 2018, broke ground last month. VKCC Full List of Amenities • Complimentary onsite concierge to assist with personal tasks • Programmed wellness initiatives and social events • New indoor/outdoor fitness center, locker rooms, showers, complimentary group fitness classes • Entertainment opportunities • Onsite cafés and dining options, regular food trucks, monthly farmers market • Wifi enabled outdoor meeting spaces • Interior event & conferencing center • Shuttle pick-up services to Metrolink and John Wayne Airport • Vehicle charging stations • Auto detailing location • Onsite bike lockers & repair station • Outdoor sport court • Outdoor kitchen with BBQ • Exterior event space • K-9 friendly campus • Two dedicated dog parks About Equity Office Properties The Equity Office portfolio, encompassing approximately 45 million square feet of Class A office space throughout the U.S., is rich with signature properties in the nation’s leading gateway markets. The company focuses heavily on meeting the current trends and changing strategic needs of companies and our chosen markets. With an average tenure of over 25 years in the real estate industry, our regional leaders also head teams with deep experience across the board from investment and asset management, to property management, development and construction. As an affiliate of Blackstone, a pre-eminent global asset manager providing significant financial strength and long-term stability, we are extremely well capitalized. Please visit www.equityoffice.com for more information. ###