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Irvine history
Irvine company history timeline
The company started operations in 1864, and it has grown into a well-respected master planner and real estate investment enterprise in the United States of America.
A drought that killed his livestock forced Sepulveda to sell his ranch in 1864.
The Irvine Company grew from the premises of a 185-square-mile (480 km) ranch founded by James Irvine I, Benjamin and Thomas Flint, and Llewellyn Bixby in 1864 from three adjoining Mexican land grants.
The partners purchased Rancho Lomas de Santiago—largely unfarmable due to its steep, hilly terrain—in 1866 from William Wolfskill, who had used it largely as a sheep ranch.
In 1876, Irvine bought out his partners, and continued farming the land.
The ranch that James Irvine purchased in 1876 has remained intact and in private ownership.
When this auction was declared illegal, his son took over the reins of the ranch and accelerated efforts to increase its agricultural production In 1894, Irvine's son, James Irvine II, incorporated the land holdings as the Irvine Company.
In 1961, the Irvine Company sold 990 acres to the University of California for $1.00 for what became the University of California at Irvine.
The city of Irvine, whose citizens officially incorporated it in 1971, grew around the campus.
The City of Irvine purchased the land with grants obtained from the 1974 California Bond Act.
In 1977, the real estate developer Donald Bren began buying Irvine Company shares from the Irvine family.
Irvine Company acquires its first San Diego buildings in 1982, with La Jolla Gateway in University Town Centre.
By 1996, he had purchased all outstanding shares to be the sole owner of the Irvine Company.
A replica is built on the site in 2018 and is now home to the Katie Wheeler Public Library.
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Irvine competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Lennar | 1954 | $33.7B | 9,111 | 443 |
| Macerich | 1964 | $918.2M | 670 | 21 |
| KB Home | 1957 | $6.9B | 2,140 | 50 |
| Holmen Park & Rec | 1998 | $1.6M | 10 | 2 |
| Bank of Putnam County | - | $14.0M | 50 | 7 |
| Atlanta Botanical Garden | 1976 | $29.8M | 200 | 93 |
| Arizona | - | - | 110 | 21 |
| Addison | - | $390,000 | 5 | 48 |
| Cedars & Oaks Consults | 2009 | $18.0M | 125 | - |
| City of Waltham | 1884 | $660,000 | 50 | - |
Irvine history FAQs
Zippia gives an in-depth look into the details of Irvine, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Irvine. The employee data is based on information from people who have self-reported their past or current employments at Irvine. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Irvine. The data presented on this page does not represent the view of Irvine and its employees or that of Zippia.
Irvine may also be known as or be related to Irvine, Irvine Co, Irvine Company, The Irvine Company, The Irvine Company LLC and The Irvine Company, LLC.