The OC Vibe project is a $4 billion mixed-use development transforming the 100 acres around the Honda Center and the Anaheim Regional Transportation Intermodal Center (ARTIC) into a vibrant entertainment district. The project is privately funded by the Samueli family, the owners of the Anaheim Ducks. The city is not using its general fund to pay for the project.

OC Vibe is expected to bring significant economic benefits to Anaheim. The project is projected to generate $9.2 million annually in new revenue for the city's general fund from hotel, property, and sales taxes. A portion of this revenue will be used to enhance neighborhoods and public safety. The project also includes $255 million in public benefits, such as contributions for affordable housing, parks, and improvements to the ARTIC transit center. Additionally, the development will create a new downtown-like hub for residents and visitors, with new public spaces, dining, and entertainment venues. The project also includes a provision for 15% affordable housing within its planned 1,500 homes.

The project's estimated cost is $4 billion, which is being funded by the developers, Anaheim Real Estate Partners LLC. While not a direct cost to Anaheim's taxpayers, the city has approved $400 million in city-issued bonds, which are secured by revenue generated from the Honda Center and will not be paid with taxpayer money from the general fund.

The project has been unanimously approved by the Anaheim City Council. Statements from city officials and developers highlight its viability. According to the city of Anaheim, the project will generate new revenue to assist in the city's economic recovery and enhance public services. The developers, including Bill Foltz, CEO of OC VIBE, state that the project is a result of a shared passion to give Orange County the "downtown they deserve."

The OC Vibe project will undoubtedly increase traffic in the area, particularly on game nights and during major events. The development's proximity to the ARTIC transit center is a key feature aimed at promoting public transportation. While specific infrastructure projects to support the increased traffic have not been detailed in public records, a comprehensive traffic study would have been required for the project's approval. This study would analyze the impact on the surrounding road network and identify necessary mitigation improvements. The project includes plans for nearly 11,000 new parking spaces, which will be among the first components to open.

The project is designed to be a "transit-oriented development" (TOD), meaning it's intended to integrate residential and commercial land use with public transportation to reduce vehicle miles traveled (VMT). This model suggests a shift toward pedestrian-friendly urban spaces.

Projected City Revenue: The project is expected to generate $9.9 million in yearly revenue from hotel, property, and sales taxes, along with a share of sign advertising revenue after the first 10 years. This includes an estimated $1.4 million in annual sales tax from shopping and dining, and $4.8 million from hotel transient occupancy tax. The revenue from the project will go directly to Anaheim's general fund, which benefits taxpayers by funding city services, public safety, and other community needs.