Lincoln Town Center, a $37-million, 10-story office complex, is under construction at 2677 N. Main St., Santa Ana, as a major segment of that city's aggressive redevelopment program.
Lincoln Property Co. is developing a 225,000-square-foot structure that will house two divisions of Aetna Casualty & Surety Co.--a subsidiary of the Aetna Life and Casualty Co.--on five levels. The tenant also provided the financing for the project.
John R. Miller, operating partner of Lincoln's Los Angeles office, said that by its dual role, "Aetna is making a commitment . . . to the city of Santa Ana's revitalization efforts."
The firm will occupy 100,000 square feet, about half of the building, beginning Oct. 1, the target date for completion by the builder, Swinerton & Walberg. Coldwell Banker Commercial Real Estate Services is the exclusive marketing representative.