First American Financial celebrates groundbreaking of new headquarters


July 31, 1998, SANTA ANA, CALIFORNIA

The First American Financial Corporation and its subsidiaries, First American Title Insurance Company and Lenders Advantage, broke ground today on their new corporate headquarters.

The 210,000-square-foot facility will be located at MacArthur Boulevard and State Route 55 (Costa Mesa Freeway) in Santa Ana, Calif., within the MacArthur Place development. To commemorate this new project, the City has renamed the road fronting the facility, "First American Way."

The site covers 31.7 acres including land for expansion, with the first phase designed to accommodate 950 people. This corporate campus will feature two, two-story buildings and one, three-story building surrounding a large common lawn. The buildings are designed to blend traditional southern California architecture with First American’s signature Jeffersonian, colonial style. Design elements include a sunroom pavilion, an octagon room, a garden pavilion, and pillared rotunda building. The buildings will be of steel frame construction with Exterior Insulation and Finish Systems (EIFS) exteriors.

The corporate headquarters will include a full service cafeteria, fitness center with showers and lockers, and three separate data centers. The project provides more than $6 million of road improvements to benefit the City of Santa Ana.

Completion of Phase 1 of the project is anticipated for the third quarter of 1999. Additional phases could include up to five buildings for a total potential campus size of 1,060,000 square feet.

The new facility was designed by architects at LPA, Inc. of Irvine, Calif. and Robert R. Coffee and Associates of Corona del Mar, Calif., and Lusardi Construction Company of San Marcos, Calif., will be in charge of construction. Birtcher Commercial Development of Laguna Niguel, Calif., and Lutzky Associates Development, LP, of Laguna Niguel, Calif., will oversee the development of the project to its full completion.

The First American Financial Corporation, based in Santa Ana, Calif., is the nation’s leading provider of real estate-related financial and information services. The Corporation’s subsidiaries include First American Title Insurance Company, a national and international title insurer; First American Real Estate Information Services, Inc., which offers tax monitoring, credit reporting, property data services, flood certification, field inspection services, appraisal services, mortgage loan servicing systems and mortgage document preparation; First American Home Buyers Protection Corporation, a home warranty company; and First American Capital Management, an investment advisory firm. The Corporation also operates First American Trust Company and First Security Thrift Company in southern California. First American Financial has more than 15,000 employees in over 400 branch offices in 50 states. Information about the company’s subsidiaries and an archive of its press releases can be found at http://www.firstam.com on the Internet.

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