The $65-million, 20-story City Tower will open Monday in The City, a 174-acre business and residential center near the intersection of the Garden Grove (22) and Santa Ana (5) freeways in Orange.
The City, a $1-billion development, includes 2 million square feet of office space, a 670,000-square-foot enclosed shopping mall, a 460-room Doubletree Hotel, 9 banks and savings and loans, 5 stock brokerage firms, theaters, restaurants and 441 apartments.
City Tower is a joint venture of Tishman West Management Corp. and Metropolitan Life Insurance Co. In addition to acting as the leasing and management agent, Tishman West was also the general contractor.
Perry S. Herst Jr., president and chief executive officer of Tishman West, said the development represents a change in the character of central Orange County, making it a major office center.