Irvine Company

Real Estate & Construction

Irvine Company Careers, Pay and Expert Network

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The Irvine Company is an American private company focused on real estate development. It is headquartered in Newport Center, California, with a large portion of its operations centered in and around Irvine, California, a planned city of 250,000 people mainly designed by the Irvine Company. The company was founded by the Irvine family and is currently wholly owned by Donald Bren. Since the company is private, its financials are not released to the public. However, Donald Bren is the richest real estate developer in the United States, valued at $15.4 billion. The Irvine Company grew from the premise of a 185-square-mile (480 km2) ranch founded by James Irvine I, Benjamin and Thomas Flint, and Llewellyn Bixby in 1864 from three adjoining Mexican land grants. Irvine and his partners began by purchasing the Rancho San Joaquin, which constitutes the coastal half of the present-day ranch, from Jose Antonio Sepulveda. A drought that killed his livestock forced Sepulveda to sell his ranch in 1864. The partners purchased Rancho Lomas de Santiago—largely unfarmable due to its steep, hilly terrain—in 1866 from William Wolfskill, who had used it largely as a sheep ranch. Flint, Bixby and Irvine were among the claimants of a title lawsuit that divided Rancho Santiago de Santa Ana in 1868. Unlike other early Newport Beach landowners, Irvine and his partners had no interest in subdividing and selling, intent, instead, upon identifying the most lucrative agricultural uses for their enormous tract of land, spanning over 100,000 acres. Irish-born Irvine met Collis Huntington, soon to become one of the Central Pacific Railroad (CPR) magnates on the trip across the Atlantic. Rather than cementing a friendship, a disagreement that lasted throughout their lives resulted. When Huntingtons Southern Pacific Railroad (SP) needed Irvines land for its route between Orange County and San Diego, Irvine refused. When SP crews began laying tracks on Irvine land without permission, ranch hands with shotguns confronted the crews. Eventually, Irvine gave the Atchison, Topeka & Santa Fe Railway permission to build on his ranch. (The ATSFs successor, the BNSF Railway, still operates freight trains on the line, along with Amtraks Pacific Surfliner and Metrolinks Orange County Line commuter train) When Irvine died in 1886, trustees, left in control of the ranch until James II turned 25, tried to sell it at auction. When this auction was declared illegal, his son took over the reins of the ranch and accelerated efforts to increase its agricultural production In 1894, Irvines son, James Irvine II, incorporated the land holdings as the Irvine Company. Between the late 1800s to the 1970s, the Irvine Company engaged in cattle operations on the property, with "Bommer Canyon Cattle Camp" serving as its center. James Irvine remarked in 1867 that he and his men "rode about [the Irvine Ranch] a good deal, sometimes coming home in the evening after a thirty- or forty-mile ride pretty thoroughly tired out, but we had to do it in order to see much of the ranch and the flock." At the time, his Irvine Company had been purchasing further adjoining parcels of land, "[s]o there [was] considerable riding to be done, if one [was] to see much of [the ranch]."

Highest paying job titles at Irvine Company include Director of Dining Services, Hotel Operations Manager, and Senior Accountant

Snapshot

Founded1864
Total value of jobs:
$4,975,000
Total Jobs:
1
Average Pay:
$138,194
Total Experts:
1
% Masters:
26%

Top Experts at Irvine Company

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Irvine Company Salaries

Director of Dining Services

$125K

$125K

Average Salary:$125,000

Hotel Operations Manager

$125K

$125K

Average Salary:$125,000

Senior Accountant

$90K

$175K

Average Salary:$118,333

Data Integration Specialist

$90K

$125K

Average Salary:$107,500

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