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San Clemente City Council Approves Land Sale to Target Corporation to Fund New Park

By
Real Estate Agent with OC Residential

In an effort to raise the necessary funds to complete the long-planned La Pata/Vista Hermosa Community Park, the City Council of San Clemente has approved the sale of 14.8 acres of land adjacent to the development's site to Target.  According to this article in the San Clemente Times, the sale will be for $13.8 million, with all proceeds from the sale contributing to the construction of the park.  If the deal is finalized, this will bring the total alloted amount of money set aside by the city for the park to $32.8 million, which covers the $32 million cost estimate of constructing this new park.

Obviously this is fantastic news for San Clemente residents and visitors.  The corner of Avenida La Pata and Avenida Vista Hermosa has long displayed signs of this proposed project, but like the long-delayed Marblehead Coastal development, the money has not been there to begin and finish construction.  Now that the City Council has approved the land sale to Target, not only will residents and visitors be able to enjoy the various sports' fields and state-of-the-art aquatic's center, but San Clemente will be gaining a great store in Target.  This will add more jobs to the area, both in construction and running the new Target, which can only be a good thing in these tough times.  The park will be a fantastic addition to the city of San Clemente, and a new Target is just icing on the cake.

To learn more about the La Pata/Vista Hermosa Community Park, including the proposed layout and features of the park, please visit this website.

David Robinson
Lloyd Cullen Real Estate - Murrieta, CA
Call Now (877) 828-0710

This is great news. Having parks around a neighborhood will boost up the Value of homes in the surrounding area.

Oct 22, 2010 06:03 AM