Newport Center - Economy

Economy

The center occupies a large city block between Jamboree, MacArthur and San Joaquin Hills roads, and Pacific Coast Highway. In the center of this block is a circular road, called Newport Center Drive, with high-rise buildings encircling the outside edge of the road. Numerous businesses are located along Newport Center Drive, including insurer Pacific Life, PIMCO, Acacia Research Corporation, and law firm Stradling Yocca Carlson & Rauth.

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Famous quotes containing the word economy:

    I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.
    Calvin Coolidge (1872–1933)

    Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.
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