Article: Gold Coast: Newport Coast: Orange County's last prime oceanfront site is worth its wait in gold.

It's Orange County's own Miracle Mile: 9,432 pristine acres along the congested California coastline south of Los Angeles. Owned by The Irvine Company, one of the county's most powerful land developers, it's been dickered over by the county, the Coastal Commission, and a host of community and environmental groups for more than 20 years. One lawsuit and 100 community meetings later, the land is being transformed into Newport Coast, the area's last--and possibly finest--coastal planned community.

The parcel is prime real estate, nestled between the trendy communities of Newport Beach and Laguna Beach. Until the early 1950s, the area was primarily a summer resort. ...

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