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An Overview of Platinum Triangle
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Platinum Triangle is a dynamic neighborhood in Anaheim, encompassing leading-edge businesses, high-salary employment opportunities, world-champion entertainment, and exciting residential areas. The district covers an area of 820 acres and is bounded by Interstate 5, the Santa Ana River, and Cerritos Avenue. Positioned east of the Anaheim Resort and north of The Block at Orange, Platinum Triangle is set to become the downtown area for Orange County, offering a mixed-use urban living experience.
Key Attractions in Platinum Triangle
- Honda Center: As one of the major sports venues in the area, Honda Center hosts a wide range of events, including professional hockey games, concerts, and other live performances. With a seating capacity of over 18,000, this state-of-the-art arena guarantees an unforgettable experience for sports and entertainment enthusiasts.
- Angel Stadium of Anaheim: Another iconic sports venue in Platinum Triangle is Angel Stadium of Anaheim. This legendary ballpark is the home of the Los Angeles Angels baseball team. Fans can enjoy the electric atmosphere while watching their favorite players compete against other Major League Baseball teams.
- Diverse Dining Scene: Platinum Triangle offers a diverse range of dining options to satisfy any craving. From trendy restaurants to casual eateries, there's something for everyone. Whether you're in the mood for international cuisine, comfort food, or local specialties, you'll find a wide array of choices within the neighborhood.
- High-Rise Lofts: The Platinum Triangle neighborhood features high-rise lofts that offer a modern and luxurious living experience. These residential spaces provide stunning views of the surrounding area and are designed to accommodate the needs of urban dwellers.
- Entertainment Options: In addition to sports venues, Platinum Triangle offers various entertainment options. Residents and visitors can enjoy live music performances, comedy shows, and cultural events. The neighborhood provides a vibrant and lively atmosphere for those seeking entertainment and recreation.
Key Statistics of Platinum Triangle
What is the median price of real estate in Platinum Triangle?
Platinum Triangle's median price of real estate is approximately $807,239, which is higher than the majority of neighborhoods in California and the United States.
What is the average rental price in Platinum Triangle?
The average rental price in the Platinum Triangle community is around $3,891, surpassing most neighborhoods in California. This indicates the high demand for rental properties in the area.
What is the vacancy rate in Platinum Triangle?
Platinum Triangle has a vacancy rate of 24.1%, higher than the majority of U.S. neighborhoods. This suggests a significant number of available housing units within the neighborhood.
What is the dominant residential real estate type in Platinum Triangle?
Large apartment buildings dominate the residential real estate landscape in Platinum Triangle, accounting for 72.6% of the properties. This indicates a preference for multi-unit housing in the neighborhood.
What is the demographic makeup of Platinum Triangle?
Platinum Triangle boasts a diverse population with notable Armenian and Asian ancestry representation. Korean is primarily spoken in 6.0% of households, surpassing the majority of neighborhoods in America.
Frequently Asked Questions About Platinum Triangle
What is the income level in Platinum Triangle?
Platinum Triangle is considered an upper-middle-income neighborhood with a higher income level than most neighborhoods in the country. This reflects the presence of high-salary employment opportunities within the area.
How is the commute in Platinum Triangle?
Many residents in the Platinum Triangle community commute to work, with the majority driving alone in private vehicles. The average commute time falls between 30 and 45 minutes, similar to the national average.
What are the prominent occupations in Platinum Triangle?
The most prominent occupations in the Platinum Triangle community include executive, management, and professional roles, followed by sales and service jobs. The neighborhood offers a diverse range of employment opportunities.
What are the prevalent languages spoken in Platinum Triangle?
English is the most often spoken language in Platinum Triangle. However, significant percentages of residents also speak Spanish, Korean, Chinese, and Vietnamese, reflecting the neighborhood's linguistic diversity.
How does Platinum Triangle contribute to the community's vision?
Platinum Triangle is an integral part of Anaheim's vision for a new downtown area. The neighborhood's ongoing redevelopment aims to transform it into a high-density urban environment with housing, commercial office towers, and retail space. This revitalization project holds the potential to create a vibrant and thriving urban community.
Platinum Triangle in Anaheim, California, is a vibrant neighborhood undergoing redevelopment to create a high-density urban environment. With its mix of leading-edge businesses, high-rise lofts, sports venues, diverse dining scenes, and exciting entertainment options, Platinum Triangle offers a dynamic and appealing living experience.
Whether you're seeking a modern urban lifestyle or exploring top-notch entertainment venues, Platinum Triangle has something to offer. If you ever find yourself in need of legal services related to personal injury cases, MVP Accident Attorneys is here to help you navigate the complex legal landscape and ensure you obtain the reimbursement you deserve.
Brett S. Sachs graduated from Michigan State University College of Law with Cum Laude Honors. While attending Michigan State, Brett was awarded for his service in the Michigan State University College of Law Civil Rights Clinic, where he represented prisoners of the Michigan Department of Corrections from injustices brought upon them. Learn more.
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