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Culminating more than 50 years of open space master planning, the Irvine Company has announced a major land gift of 2,500 acres near Anaheim Hills, East Orange and Irvine Lake. The gift will bring the grand total of parklands and open space donated by the Irvine Company to nearly 55,000 acres, or approximately 60% of the 93,000-acre Irvine Ranch. The Irvine Company, which celebrates its 150th anniversary in 2014, has long treasured land as a precious resource to be used for the benefit of the public.