California Business Minute™

Hi, I am Tim Johnson and welcome to the California Business Minute.

The vision for a unique transportation and activity center, combining public and
private mixed-use development, has begun in the heart of Orange County. The
Anaheim Regional Transportation Intermodal Center, ARTIC is being planned in
cooperation with the Orange County Transportation Authority (OCTA) as a
world-class joint development complex for Southern California. It will be centered
on a transportation hub linking freeways, major streets, bus routes, one of the
nation’s busiest rail corridors and the state’s two busiest theme parks.

ARTIC is located in Anaheim’s Platinum Triangle and spans more than 16 acres
on land purchased by OCTA for $32 million in 2006. OCTA is investing more
than $400 million to deliver 30-minute Metrolink commuter-rail service throughout
Orange County by 2009. The site is across the street from Angels Stadium,
the Honda Center and near Disneyland. It’s adjacent to “A-Town,” a new major
residential and commercial development. Ultimately, ARTIC will be a hub of
high-speed rail service to the Ontario, Orange County, LAX airports downtown
LA and San Diego.

The city of Anaheim will be implementing zoning and density and forming a
community facilities district to finance necessary infrastructure and complementary
improvements associated with new development.

I am Tim Johnson and this has been the California Business Minute.

For further information go to www.articinfo.com