COSTA MESA
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A proposed office complex and furniture store could bring the city as much as $2.4 million and the school district $1.6 million in tax revenue annually, according to a report made public recently by the project’s developer. But Paul Freeman, a spokesman for builder C.J. Segerstrom & Sons, cautioned that the numbers are rough. The Ikea furniture store and nearly 2 million square feet of office space could bring as many as 8,000 new employees to the 93-acre site, according to the report. The Home Ranch site is a lima bean field between Fairview Road and Harbor Boulevard, just north of the San Diego Freeway. The city originally designated the land for homes and small industry. But C.J. Segerstrom & Sons is asking the city to allow construction of the 17-acre complex.
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