ANAHEIM – Hong Kong-based LT Global Investment on Monday will seek approval from the Anaheim Planning Commission for a $450 million, massive mixed-use development in the city’s fast-rising Platinum Triangle area.

The City Council is expected to have final say on what is billed as the LT Platinum Center by October.

After a year working with city staffers, the Chinese development company’s vision of creating an urban core in Anaheim is poised to go.

“We’ve been working on this project for some time,” said Randy Jefferson, executive director of project development for LT Global. “It is at the right point. We are very excited about it. … We are ready to go.”

The project is planned for a 15-acre, vacant industrial site at State College Boulevard and Orangewood Avenue, next to Angel Stadium. The company purchased the site from Starwood Capital Group in 2014 for $28.4 million.

Since announcing the project last year, LT Global has worked with the city to finish up some of the conceptual plans. Construction could begin in late 2017, with completion in 2022. The project would provide 5,000 construction jobs and 1,100 permanent jobs, the company says.

This development would be in the city’s Platinum Triangle district, an 820-acre area that includes Angel Stadium, the Honda Center and City National Grove of Anaheim. Once mostly an industrial swath, the area, which largely waited out the recession and is partially constructed, will hold condominiums, offices and retail stores.

An estimated 28,000 people will call the Platinum Triangle home when all the developments are completed.

“This project shows the Platinum Triangle is fulfilling its potential as a downtown of Orange County,” said Anaheim Mayor Tom Tait.

“We look forward to seeing this project come before our Planning Commission and City Council,” said Mike Lyster, Anaheim’s spokesman. “The city has laid out a vision for the Platinum Triangle as an urban district built around sports, entertainment, jobs and public transit. This project certainly speaks to that vision.”

The LT Platinum Center would feature an eight-story office building and 433,000 square feet of commercial space, with nearly half of that dedicated to retail. There would also be a seven- or eight story, three-diamond hotel, and a five-story, 200-unit apartment complex with retail.

And, there would be a 150-unit, possibly 30-story, high-rise condominium building. A rooftop terrace would have amenities such as lounges and pools. The project would have the city’s first police substation, the Platinum Triangle’s first grocery store, a movie theater and a gathering spot for picnics.

Plans call for artworks, water features and a town square, where performances would be held. An underground parking lot and two above-ground structures would provide 3,500 slots.

“This will be a place where people can see and be seen,” Jefferson said.

LT Global officials said the project would net the city $5 million annually in property, sales and hotel taxes, and $3 million would go to schools.

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