Living in the Irvine Business Complex
The Irvine Business Complex is the heart of the city, filled with office buildings filled with leading companies, luxury hotels and restaurants, coffeehouses and so much more. Living here means you’re just minutes away from John Wayne Airport, Southern California’s best beaches and the hottest places to shop, dine and enjoy life.
Location
Located west of the 405 Freeway all the way to the city limits of Newport Beach, this area takes its name from the many business and office buildings in the neighborhood. The business district of Irvine is an enviable location for young professionals who enjoy working and living close to John Wayne Airport and major freeways.
A thriving commercial district with an influx of tech companies, Irvine is a great place to live and work for entrepreneurs of all sizes. It’s also one of the safest large cities in the country, with a low crime rate and excellent public infrastructure.
The neighborhood’s rental real estate market is strong, with 98.5% of residential properties classified as renter-occupied, which is higher than the national average of 98.8%. The median home and apartment vacancy rate in this neighborhood is 9.3%, lower than the 43.2% national average.
Commute Time
Whether you drive, walk or bike to get to work, your commute time is important. It can be a real drag on your productivity and energy levels.
The good news is that the majority of people who live in Irvine Business Complex spend less than 15 minutes commuting one-way to work (44.4% of working residents), which is one of the shortest commutes in America.
This neighborhood also has one of the highest concentrations of one, two or no bedroom real estate in America, which is also a unique feature. Furthermore, renter-occupied real estate is dominant here, with 98.5% of homes here classified as such, which is much higher than in 97.4% of neighborhoods nationwide.
Commuters
If you’re looking for a neighborhood that is both walkable and offers lots of things to do nearby, the Irvine business complex is a great option. It’s one of the most walkable communities in America and is close to a number of popular attractions and shopping centers, including Diamond Jamboree and The District.
According to exclusive NeighborhoodScout analysis, a large percentage of people here work in executive, management and professional occupations (71.3%). This is significantly higher than the 96.5% national average, and it’s one of the reasons why this community stands out as a unique place to live.
There are also a number of different languages spoken here, including English, Chinese, Spanish, Japanese and more. Additionally, 1.9% of residents here speak Persian primarily at home.
Asian Ancestry
The Asian influx has been one of the most influential drivers of population growth in Irvine. Experts say the city is increasingly becoming a magnet for upscale Chinese immigrants, who have fueled a dramatic increase in the region’s Asian population.
Almost half of the residents in the Irvine Business Complex neighborhood identify as Asian. The neighborhood is more diverse than many other neighborhoods in the U.S.
Its master-planned communities, top-ranked schools and reputation for low crime attract a growing population from other parts of the country, experts say. But it’s also becoming a destination for high-income Chinese investors and entrepreneurs, who are drawn to the Orange County suburb because of its desirable weather, top-rated schools and international business opportunities, they say.
Persian Linguistics
One of the most fascinating things about this neighborhood is that 1.9% of its residents five years old and above speak Persian at home. That’s more than nearly any other American neighborhood.
Persian is a language in the Indo-Iranian family, which includes Sanskrit and Hindi. It’s the official language of Iran, and is also spoken by a minority in Afghanistan, Tajikistan and Uzbekistan, as well as by diaspora communities throughout North America, Europe, Israel, Australia and Asia.
The Persian language first emerged as a written language in the 10th century CE, during the Sassanid and Saffarid empires, with a wide variety of written texts (science, history, literature, administrative manuals) that remain in use today. The language is also mutually understood by speakers in Iran, Afghanistan and Tajikistan, whose national variations of Persian are called Farsi, Dari or Tajiki.
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