Tony Lewis posted this blog about development delayed/halted because of an issue with an endangered species. Kauai has the largest number of endangered species of any county in the USA. Fortunately most of our land is protected from any development so buildable sites here rarely encounter this problem.
Is this an issue in your market?
The proposed Master-Plan Community of Newhall Ranch is a Brand New community being proposed by former Valencia, Ca. builder Newhall Land and Farm and current Owner Lennar Corporation. Their EIR Plans were approved in 2010. There is a new challenge and the review of the EIR and the project is being delayed. Fear is that it may now take until 2020 for final approval. Opponents of the project must be rejoicing. The impact of this new community could adversely affect traffic in the Santa Clarita Valley. The Santa Clarita Valley was land locked during the 1994 earthquake due to the closure of the 5 Freeway at the 14 Freeway due to the bridge collapse.
FYI - EIR = Environmental Impact Report
Newhall Ranch located from the 5 Freeway in Santa Clarita up to the Ventura County Line.
Will the endangered species derail Newhall Ranch?
Presented by your Friends & Realtor,
Tony & Dani Lewis RE/MAX of Valencia
Call/Text - 661-510-7975