Donald Bren, the multi-billionaire owner of the development firm Irvine Company, said he would bankroll the entire construction of HQ2 — which Amazon expects to cost $5 billion — if the company chooses Irvine, California.
Bren outlined his offer in an October 12 letter to Amazon CEO Jeff Bezos.
"In essence, you would have a one-click shopping opportunity and be able to capitalize on our in-place property development rights, thus avoiding potential delays, because Irvine Company has invested more than 60 years master planning 93,000 acres of land, and designing and overseeing the creation of the largest new city in America…Irvine, California," he wrote.