OCTOBER 15, 2018 www.ocbj.com ORANGE COUNTY BUSINESS JOURNAL 17

to courtyards at the ground floor level andunderground parking, according to docu-ments filed with the city’s plan-ning department.The facility would “providehighly-amenitized senior careservices,” and have about 60,000square feet of common space, in-cluding a dining hall, activityroom, theater and chapel, bank,wellness center and swimmingpool, city filings said.Living units would range fromstudios to two-bedroom offerings,filings show.The assisted-living and memory-caretenants will also have access to a nursecall system; the entire project is expectedto have about 50 employees on site duringdaytime hours.The site was previously considered for atraditional housing development, but thatproposal never moved ahead.

3-acre site in Irvine that’s across thestreet from the District at TustinLegacy shopping center is being con-

sidered for a sizeable housing project forolder residents.Irvine’s planning commission is sched-uled to review proposed plans this monthfor a congregate care facility at 16542 Mil-likan Ave., a site that currently holds a sin-

gle-story commercialbuilding that’s about21,000 square feet.The property was listedfor sale last year; thesite’s current owner wasnot disclosed in planningcommission records. It’scurrently used bySmartHome, a seller ofhome-automation andelectronic products.

The building would be knocked downunder the proposed plans and make way fora two-tower congregate care facility, a prod-uct type that typically caters to seniors whoneed limited or no assistance with daily liv-ing activities. It’s planned for residents 62and older, according to city filings.The entire project would be about424,000 square feet and hold 370 livingunits.The eight-story west tower would contain230 independent-living quarters. The six-story east tower would hold 110 assisted-living quarters and 30 memory-care rooms.Both buildings would have direct access

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The Irvine Business Complex area of thecity is now close to its 15,000-unit cap on

residential entitlements; the newproposal argues that since theproject will not function “in amanner consistent with a typicalresidential development,” it’s notsubject to that zoning ordinance,according to city filings.Entitlement work is headed byIrvine-based Starpointe Ven-tures. City records indicate thatDallas-based South Bay Part-ners, a real estate developmentcompany that specializes solely

on senior housing, would be involved in theproject.

Koll Memoir“Don’s a real estate guy. When he sees whathe wants, he goes for it and closes the deal.”The quote refers to the late Don Koll, Or-ange County’s iconic developer, whose re-

lated companies developed some 90 millionsquare feet over the years in locations rang-ing from Cabo San Lucas in Mexico to Asia,not to mention OC.Along with Irvine Co.’s Donald Brenand Costa Mesa’s Henry Segerstrom, Kollwas one of a core group of formative devel-opers who’ve shaped modern OC.That quote didn’t refer to an imminent realestate deal; rather, it was spoken to KathiKoll when a friend gave some advice abouther budding romance with the developer.They soon married.She recently published the memoir “Kick-Ass Kinda Girl,” which details her life story,her marriage, and the challenges the couplefaced in Don’s later years. He suffered a de-bilitating 2005 stroke and died in 2011.“A stroke had always been Don’s biggestfear,” she wrote, noting that both Don’sbrother and sister had died from strokes intheir 50s. He was 78.The book describes the ups and downsKathi faced as a full-time caregiver. In addi-tion to the book, she started a foundation tohelp improve the lives of other caregivers.The book is light on real estate news; afew local executives and friends of the Kollspop up, but it has more than its share of an-ecdotes featuring U.S. presidents, celebri-ties, far-flung locations, and at least onenear-kidnapping.The book went on sale this month.Kathi will hold a book signing from 5p.m. to 7 p.m. on Oct. 18 at Fashion IslandBarnes & Noble.

IBC Site Near The District Eyed for Senior Housing

Millikan proposal: industrial building makes way for two-tower project

opment,” Sustain OC President and ChiefExecutive Scott Kitcher told the BusinessJournal at the event. “Our goal is to get thesecompanies funded and on their way to mar-ket or further into market.”The conference included panels on energyinnovation, state contracts and technologytrends.It was the first co-hosted by Roth CapitalPartners, which has been involved with thetrade group since it was established in 2010.Chairman and Chief Executive Byron Rothhas long been an advocate of the segment.“Roth has always had a commitment tothe space,” said Brian Kremer, director ofRoth’s Cleantech Investment BankingGroup. “We’ve become more active in try-ing to work with private companies.”Sustain OC, previously Cleantech OC, ischanging its name again to Sustain SoCal toreflect an expanded coverage area.

SEGA Swaps ExecutivesTokyo-based video game developer SEGA

Games Co. is making big executive changes

ore than 70 investors, from seedbackers to established venture capi-talists, lined up on Oct. 3 to hear the

latest pitches by companies in the clean-tech-nology industry.

Sustain OC and Newport Beach-basedRoth Capital Partners LLC hosted Clean-tech Private Capital Day, an event that pro-vided 33 companies face-to-face time withdozens of private investors, including the

local chapter of TechCoast Angels.Eight OC companiesparticipated: HuntingtonBeach-based NewlightTechnologies Inc.; SanClemente-based SwiftEngineering Inc., CostaMesa’s Zen Ecosystems;and Ice Energy (featuredin the Oct. 1 edition ofthe Business Journal), as

well as four Irvine-based companiesPhoenix Energy, Lumitron TechnologiesInc., Enevate Corp. and iGlass TechnologyInc. The companies, many with years of ex-perience under their belts, make a wide vari-ety of products, ranging from energy storagedevices to systems that remotely controlthermostats and lights.Each funding hopeful had at least eight 30-minute meetings with potential investors dur-ing the event at the UCI Applied Innovationcenter at UCI Research Park.“This is about clean-tech economic devel-

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at its U.S. units in Irvine.Ian Curran, president and chief operatingofficer of SEGA of America Inc., will takeon the same roles at Atlus U.S.A.SEGA West Chief Executive Tatsuyuki

Miyazaki will take the top post at Atlus, re-placing Naoto Hiraoka, who will serve asAtlus brand owner. Hiraoka will be guidingAtlus’ brand and titles from Japan.Hiraoka will remain on the boards ofAtlus U.S.A. and SEGA of America.The local SEGA unit develops, publishesand distributes entertainment software prod-ucts for systems made by Nintendo Co.,Microsoft Corp. and Sony Interactive En-tertainment.Sega acquired Atlus parent Index Corp. in2013 for $140 million after it entered bank-ruptcy.Atlus U.S.A. publishes Japanese videogames, including “Persona 5,” the ShinMegami Tensei series, and action-adventurepuzzle game “Catherine.”

New DirectorPalo Alto Networks Inc. President Mark

Anderson has joined the board of Irvine-based analytics software maker Alteryx Inc.(NYSE: AYX).He replaces Jai Das, who was an instru-mental adviser through the company’s tran-sition and its initial public offering last year,which netted $114 million in proceeds. In2006, Das co-founded Sapphire VenturesLLC, where he has worked as managing di-rector since 2011.Anderson is on a hot streak. He’s respon-sible for sales at the Santa Clara software se-curity maker (NYSE: PANW), which saw

revenue jump 29% to $2.3 billion in the fis-cal year ended in July.Previously, Anderson led sales at Seattle-based networking and security productsmaker F5 Networks Inc. and also has lead-ership roles at Lucent Technologies Inc.and Cisco Systems Inc.“As we plan for our next phase of growth,Mark’s strong executive experience scalingcompanies will be a powerful resource forour company,” Alteryx Chief ExecutiveDean Stoecker said in a press release.Alteryx saw second-quarter sales climb54% to $46.8 million. Its shares have morethan doubled this year to $52 and a $3.2 bil-lion market cap.The addition of Anderson should also bol-ster the security expertise of Alteryx’s board.Alteryx was at the center of a data breachabout a year ago when it accidentally ex-posed an online database of sensitive infor-mation on roughly 123 million U.S.households.The information was accessible to userswith an Amazon Web Services account.“When we discovered this issue, we re-moved the file from AWS and also added alayer of additional security to the AWSbucket where the file was stored,” aspokesperson said at the time.Directors on the nine-member board werepaid less than $50,000 in cash last year andinstead were compensated with stock awardsworth from $146,000 to $224,000, accordingto a proxy issued in April.

Investors Hear Pitches From Clean-Tech CompaniesPalo Alto Networks ExecJoins Alteryx’s Board

Zen Ecosystems CEO James McPhail makespitch

REAL ESTATEMark Mueller

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TECHNOLOGYChris Casacchia

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Koll: caregiver mem-oir out this month

3-Acre Site Would Hold 370Units and Run 424,000 SF

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