The story made front-page news in The Pilot last week. Other media outlets also picked it up. On the occasion of the 25th anniversary for The Orange County Performing Arts Center its board voted to rename the facility The Segerstrom Center for the Arts.
The honor pays homage to Orange County's pioneering Segerstrom family. Through five generations and a century of being connected to this community, the Segerstroms have led the growth of both business and culture, along with others, creating what is today one of America's most admired and in fact envied regions.
One man in particular has represented a vision of the highest American standards on behalf of his family's legacy. He is Henry T. Segerstrom, 87, managing partner of the family business that includes South Coast Plaza as well as major real estate holdings and interests in a multitude of endeavors. Over the past three decades, the Segerstrom family has donated in excess of $80 million in cash donations toward the creation of the arts center in Costa Mesa. That amount includes in excess of $60 million donated in cash by Henry Segerstrom himself. In addition, the 14 acres donated by the Segerstrom family upon which the center is built today is valued in the $70 million range.