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Dictionary Hill Project in Spring Valley, CA Withdrawn

By
Real Estate Broker/Owner with Mt Helix Lifestyles BRE# 01324429

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The Highlands Ranch development proposing 211 homes atop Dictionary Hill was

withdrawn from county consideration in May, according to the County Planning

Department. The 177-acre project site was put up for public auction early this

year after the developer, WWI properties, defaulted on a multi-million dollar loan

with the property as collateral.

The San Diego Union Tribune reported in April that a property management firm

took possession of the land after no bids were submitted at a public foreclosure

sale listing the value as $4.65 million. The news article also stated that a Caltrans'

official said that the San Diego Association of Governments (Sandag) was interested

in acquiring the property as part of its Environmental Mitigation Program.

Dictionary Hill Open Space Advocates (DHOSA), a volunteer group dedicated to

preserving the habitat, natural open space and trails in and around Dictionary Hill,

has written letters to various agencies supporting public acquisition of the property.

DHOSA's vision for the hill and surrounding canyons is that it become an

ecological preserve and open space regional park in the heart of Spring Valley. In

addition to protecting endangered coastal sage habitat, such a preserve would be a

resource for local schools in meeting the requirements for environmental instruction.

It would encourage healthful outdoor activities for families and be a valuable

asset to the entire community.

For more information, visit the groups' website: www.dictionaryhill.info

FREE 10% Lowes Coupons and Termite reports for clients at www.JasonKardos.com

Posted by


Jason Kardos, Real Estate Broker/Owner

Cell (619) 303-2826

www.JasonKardos.com

Lic# 01324429

For Property Management

San Diego County Property Management

James Burrell (619) 742-8543

www.sdcpm.com

Lic# 01113057