June 11, 2024

The City of Garden Grove and Edgemoor Infrastructure & Real Estate Reach Financial Close on Garden Grove Civic Center Revitalization Project

On June 7, 2024, the Garden Grove Civic Center Revitalization Project reached financial close.

GARDEN GROVE, California - The project is estimated to cost $152 million, which includes funding from a 1% sales tax (Measure O). It will be delivered in two phases: Phase I, a new 103,000-square-footpublic safety facility for the Garden Grove Police Department and a four-level parking structure, and Phase II, a redesigned, 2.7-acre Civic Center Park.

The Edgemoor team for the Garden Grove Civic Center Revitalization Project includes Clark Construction Group, a national contractor with $1.8 billion of government and public safety work, as design-builder; AC Martin, a firm with a legacy of designing some of the most iconic civic buildings in Southern California, as architect; Roth Sheppard Architects, a nationally recognized law enforcement planning and design firm with a portfolio of over 100 public safety projects across the United States, as law enforcement designer; and several other firms.

The project is being delivered under a public-private partnership that streamlines the development process. Edgemoor is leading the design-build process and participated in the financing process, analyzing potential financing structures and providing guidance to the City.

Construction on Phase I begins this month and is expected to be completed in the summer of2026. Construction on Phase II will commence immediately following the completion of Phase I, with an anticipated completion in the fall of 2027.

“Our close collaboration with the City and all its stakeholders has helped the project achieve another key milestone in financial close,” said Edgemoor Managing Director Brian Dugan. “We’re ready to continue our strong partnership to deliver these critical new assets to the Garden Grove community.”

FOR MORE INFORMATION, PLEASE CONTACT:

Christine Lewellyn, Director, Creative Strategy
Edgemoor Infrastructure & Real Estate
(301) 272-7411
christine.lewellyn@edgemoor.com
www.edgemoor.com

ABOUT EDGEMOOR INFRASTRUCTURE & REAL ESTATE

Edgemoor Infrastructure & Real Estate is a leader in the development, financing, leasing, operations, and activation of public buildings, infrastructure, and commercial real estate, with over $4.6 billion of work completed or under development, including the Long Beach Civic Center and Governor George Deukmejian Courthouse projects in Long Beach, California; the Howard County Circuit Courthouse project in Ellicott City, Maryland; and the University of California, San Francisco Sandler Neuroscience Center in San Francisco, California. Edgemoor Infrastructure & Real Estate was honored as a Profiles in Diversity Journal Top 10 Innovation in Diversity for 2020 Award Winner and as P3 Bulletin’s 2019 Developer of the Year. www.edgemoor.com

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