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Palos Verdes Cities 2010 Update

By
Real Estate Agent with RE/MAX Estates Properties 00598848

Palos Verdes Point Vicente Lighthouse

Recently, I attended a meeting with the City Managers from all 4 cities on the Peninsula - Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills and Rolling Hills Estates.  Here is summary of their updates:

Joseph Hoefgen from Palos Verdes Estates reported that the Palos Verdes Drive West road stabilization was completed on time and under budget.  The Fire Parcel Tax averages $675 per parcel and the city has about 5200 parcels.  Yellow Vase Restuarant is coming to Malage Cove.  The Police Department is getting a new digital radio system.  The city is also getting a new web page.  2 underground sewage pump stations will be replaced in Lunada Bay.

Carolyn Lehr from Rancho Palos Verdes reported that Trader Joe's is open and it is estimated to bring in $45,000 in sales tax per year.  Terrenea is doing well and is expected to generate $2,000,000 in revenue this year.  Hawthorne and Palos Verdes Drive West were repaved with Federal Stimulus money.  Beginning July 1st, new trash removal company, EDCO, will pick up once a week (not twice as currently being done) reducing fees by $10/month per household.   34-unit affordable housing (62 and older) on Crestridge and Crenshaw is scheduled for completion February 1022.  Proposed Annenberg Project at Point Vicente is in EIR process.  The Tarapaca/San Ramon landslide which threatens the switchbacks on Palos Verdes Drive East is in engineering study.

Anton Dahlerbruch from Rolling Hills reported that they are working on a sewer system on Johns Canyon potentially up to Crest Road.  The city is working on broadening the definition of stables (dedicated 1,000 square feet) so can be used for other uses like storage but not guest houses.  As a result of the fire last August, the city has been divided into 24 zones with block captains to assist with any future disasters.  The city is educating residents on canyon clearance and proper plantings to reduce fire danger.  Sprint and Verizon are looking to add cell towers.

Douglas Prichard of Rolling Hills Estates reported that Palos Verdes Drive North, Crenshaw and Rolling Hills Road will be resurfaced in August with Federal Stimulus money. The County has been hired to trap problem coyotes.  A 12-home subdivision at Palos Verdes Drive East and Palos Verdes Drive North is in EIR.  Chandler Ranch (114 homes and remodification of Rolling Hills Golf Course) is in Environmental Review and is being redrafted.  There will be a public hearing on May 11th for proposed view restoration ordinance.  There are 3 Peninsula Center projects that are approved but not going forward at this time - Edler at Beachgate & Silver Spur, 45 unit condo at old Deep Valley Car Wash site, and 16 unit Knickerbocker project.  Under discussion at the Promenade is 30-40 unit condos at Crossfield parking lot near Marmalade.

Beth Lester
Beth Lester Designs - Torrance, CA
Home Staging & Interior Decorating

Thanks for the update, Elaine.  Very interesting things happening all around the peninsula.

May 12, 2010 03:04 AM