Showing posts with label centennial development. Show all posts
Showing posts with label centennial development. Show all posts
Tuesday, December 1, 2015
Los Angeles County Approved Plan Centennial Plan but Little Development
Tejon Ranch Co.which is traded on the New York Stock Exchanged (NYSE:TRC) reported last year that the Centennial Development plan was approved by the Los Angeles County Board of Supervisors, by a 4-0 vote. The meeting last year was a full house in Lancaster with standing room only and at least 50 people expressing their opinions. Almost immediately after the discourse the Board of Supervisors approved the plan unanimously. The centennial plan will initially encompass 23,000 homes over time with their own fire department, medical services and environmentally friendly community. On paper it looks great and will look to be a real nice place to live as it will include hiking trails and involve a great view of the mountains just east of the grapevine.
This Tejon Ranch Co.'s master planned community called Centennial is included in the Antelope Valley Area Plan as part of the Economic Opportunity Area where future development would be directed for Los Angeles County. If you have been to LA County it looks like most of LA was poorly planned to begin with. This plan appears to have promise, but no development or digging has taken place just yet. Tejon Ranch Co. has three plans according to their website. One being Centennial, another is called Grapevine and the third is Tejon Mountain Development.
Grapevine will be located at the base of the foothills in the San Joaquin Valley portion of the ranch near the Tejon Ranch Commerce Center. This is near the huge IKEA warehouse. They intend to have a large community as part of the overall plan. The Tejon Mountain Village will be a community of homes largely undisturbed by mankind and it looks to be a small set up of nice homes overlooking the mountain range with access to Hwy 5 not far away, or just an hour from LA central. The website says Tejon Mountain Village will be a new conservation based retreat designed to live in harmony with nature, and continue the legacy of this storied place for future generations.
Well there has been a lot of talk and discourse, but if it is all approved then lets get this nice new communities started. This can only improve the western part of Antelope Valley.
Monday, September 13, 2010
Centennial Touts High Profile Jobs and a Self Sustainable Town in Their Development Plan
Centennial’s recent newsletter indicated they plan to provide 1.3 jobs per household, or approximately 30,000 in all, over its 20-year development period. They indicated that their plan will ultimately cut down on the overall environmental impact of the area by using green technology. In their job creation they hope to attract higher educated professionals and higher wage earners in the scientific, and technical industries, but also to have opportunities for all skill levels.
Centennial commissioned LAEDC ( Los Angeles Economic Development Corporation)
to assist them in locating the best business prospects for the area in the coming years. The LAEDC indicated that construction would be the second highest target job sector. Centennial plans to need approximately 30,000 construction workers just to build the project over the 20 year building process. They are also hoping to attract a large secondary education institution, and a medical facility. In addition, due to the low prices of land in the Antelope Valley they hope to attract manufacturing businesses in the electronic fields. Low priced land and nearby services and facilities with a higher educated workforce should spurn education, healthcare and manufacturing development. Green technology is rapidly growing in Lancaster, Palmdale and Kern Counties with Wind and Solar, so it is already beginning. They expect a multiplier effect where one job produces the need for more jobs and services like retail, community services, and ideally these wage earners will wish to live in Centennial with likely 70,000 jobs created in the area over time. The nearby Tejon Industrial Complex where Hwy 5 and Hwy 99 meet at the bottom of the Grapevine employs one thousand people at IKEA, Oneida, and Famous Footwear, so they have history and success in their past developments.
It looks like Centennial has a real plan to build this upscale city. They intend to complete it slowly and methodically unlike other nearby city planners. We believe that as the development progresses the vacant land in this area will become more desirable and increase in price. We will keep you informed here to the progress in this area and land investment opportunities that arise. This is just another sign that the Antelope Valley shows good long term investment opportunities.
Centennial commissioned LAEDC ( Los Angeles Economic Development Corporation)
to assist them in locating the best business prospects for the area in the coming years. The LAEDC indicated that construction would be the second highest target job sector. Centennial plans to need approximately 30,000 construction workers just to build the project over the 20 year building process. They are also hoping to attract a large secondary education institution, and a medical facility. In addition, due to the low prices of land in the Antelope Valley they hope to attract manufacturing businesses in the electronic fields. Low priced land and nearby services and facilities with a higher educated workforce should spurn education, healthcare and manufacturing development. Green technology is rapidly growing in Lancaster, Palmdale and Kern Counties with Wind and Solar, so it is already beginning. They expect a multiplier effect where one job produces the need for more jobs and services like retail, community services, and ideally these wage earners will wish to live in Centennial with likely 70,000 jobs created in the area over time. The nearby Tejon Industrial Complex where Hwy 5 and Hwy 99 meet at the bottom of the Grapevine employs one thousand people at IKEA, Oneida, and Famous Footwear, so they have history and success in their past developments.
It looks like Centennial has a real plan to build this upscale city. They intend to complete it slowly and methodically unlike other nearby city planners. We believe that as the development progresses the vacant land in this area will become more desirable and increase in price. We will keep you informed here to the progress in this area and land investment opportunities that arise. This is just another sign that the Antelope Valley shows good long term investment opportunities.
Saturday, October 3, 2009
Green Acres is Centennial Developments High Desert Plan
Centennial Development is a planned self sustained new development on Tejon Ranch, which is situated at 300th West at Hwy 138 Ave D in western Antelope Valley. Tejon Ranch will preserve 240,000 acres of their ranch in an agreement with environmental groups this past May. In exchange these environmentalists will not stand in the way of Centennials planned development of up to 20,000 homes in the designated area.
The development is planned with a green theme. Centennials news release indicates there will be 8600 acres set aside just for open space, and their compact village centers will accommodate mix use development of commercial, single family residential, apartments with a green homogeneous environment. Residents will be within a half mile of neighborhood parks, and town centers. They will be designed to accommodate bicycles and cars, with a transit system to enable access to LA County mass transit. It is sort of the anti LA. Los Angeles County present design since 1950 has been no design and no mass transit at all. If you don’t have a car you simply can’t live. The result is traffic congestion smog, and very few parks.
Centennial anticipates better energy conservation in their homes with lower water consumption and watershed management. The homes and buildings will be designed with better lighting features for efficient energy consumption. They plan to use recycled water for landscaping and designated recycling areas for residential and commercial disposable materials. This will also reduce home and building monthly expenses. It will be built over 20 years to take advantage of new technologies over time. The overall plan includes its own police and fire departments, schools, markets, with a specific plan for the essentially green gated community.
This is a far better and different plan then current developer’s who buy the land, create a tentative tract map, build and sell the homes and move onto the next target. This new green designed Centennial community could be an example for the future developers as a conscientious plan and a self sustained environment with less impact on the current and future terrain. It should also highlight and increase the value of property in the surrounding area on Antelope Valley’s far west side.
We have and can locate vacant land opportunities in Lancaster and Palmdale California in the pre-development phases as a low cost investment. Investors can take advantage now and buy land and wait to receive increased property value in the post-development phase.
The development is planned with a green theme. Centennials news release indicates there will be 8600 acres set aside just for open space, and their compact village centers will accommodate mix use development of commercial, single family residential, apartments with a green homogeneous environment. Residents will be within a half mile of neighborhood parks, and town centers. They will be designed to accommodate bicycles and cars, with a transit system to enable access to LA County mass transit. It is sort of the anti LA. Los Angeles County present design since 1950 has been no design and no mass transit at all. If you don’t have a car you simply can’t live. The result is traffic congestion smog, and very few parks.
Centennial anticipates better energy conservation in their homes with lower water consumption and watershed management. The homes and buildings will be designed with better lighting features for efficient energy consumption. They plan to use recycled water for landscaping and designated recycling areas for residential and commercial disposable materials. This will also reduce home and building monthly expenses. It will be built over 20 years to take advantage of new technologies over time. The overall plan includes its own police and fire departments, schools, markets, with a specific plan for the essentially green gated community.
This is a far better and different plan then current developer’s who buy the land, create a tentative tract map, build and sell the homes and move onto the next target. This new green designed Centennial community could be an example for the future developers as a conscientious plan and a self sustained environment with less impact on the current and future terrain. It should also highlight and increase the value of property in the surrounding area on Antelope Valley’s far west side.
We have and can locate vacant land opportunities in Lancaster and Palmdale California in the pre-development phases as a low cost investment. Investors can take advantage now and buy land and wait to receive increased property value in the post-development phase.
Wednesday, July 29, 2009
Centennial Development Forms Agreement with Local School District
Centennial Founders have formed an agreement with the Gorman School District.
Centennial development is planning a self reliant community on the far-west side of Antelope Valley neat 300th street West, and just a few miles east of the community of Gorman. The development is proposed to include up to 20,000 homes, a business district, medical facilities, as well as, cultural recreation services and schools. The agreement with the Gorman School District goes a long way to create this oasis in the valley. Centennial Development will be situated about thirty miles west of Lancaster, Ca. and just east of Hwy 5 with easy access to Burbank and Los Angeles and Bakersfield in Kern County. It is a privately funded self supported community with a specific plan for growth, and housing. Their master plan will include single family homes, condominiums, town homes and thousands of rental properties.
The agreement with the school district, according to their recent press release will include $233 million in investment to complete the educational facilities for Kindergarten through 8th grade. This master plan for the initial school is set to be completed by 2013. Centennial already has an agreement with Antelope Valley Union High School District to provide two high schools with an estimate cost of $254 million.
This private development appears to be on track, and it will positively transform the area near Gorman. This area is primarily vacant unused land or farmland situated at the border with Kern County, and overlooking the San Gabriel Mountains. There is access via Hwy 138 which runs from Hwy 5 east to Lancaster and Palmdale. Los Angeles County’s future growth will be in Antelope Valley, as this remains the most abundant available undeveloped land in the county. The plan by Centennial has already been approved by the county and by an earlier agreement with environmentalist. We will keep you informed with this development and other positive developments for Antelope Valley’s growth.
Centennial development is planning a self reliant community on the far-west side of Antelope Valley neat 300th street West, and just a few miles east of the community of Gorman. The development is proposed to include up to 20,000 homes, a business district, medical facilities, as well as, cultural recreation services and schools. The agreement with the Gorman School District goes a long way to create this oasis in the valley. Centennial Development will be situated about thirty miles west of Lancaster, Ca. and just east of Hwy 5 with easy access to Burbank and Los Angeles and Bakersfield in Kern County. It is a privately funded self supported community with a specific plan for growth, and housing. Their master plan will include single family homes, condominiums, town homes and thousands of rental properties.
The agreement with the school district, according to their recent press release will include $233 million in investment to complete the educational facilities for Kindergarten through 8th grade. This master plan for the initial school is set to be completed by 2013. Centennial already has an agreement with Antelope Valley Union High School District to provide two high schools with an estimate cost of $254 million.
This private development appears to be on track, and it will positively transform the area near Gorman. This area is primarily vacant unused land or farmland situated at the border with Kern County, and overlooking the San Gabriel Mountains. There is access via Hwy 138 which runs from Hwy 5 east to Lancaster and Palmdale. Los Angeles County’s future growth will be in Antelope Valley, as this remains the most abundant available undeveloped land in the county. The plan by Centennial has already been approved by the county and by an earlier agreement with environmentalist. We will keep you informed with this development and other positive developments for Antelope Valley’s growth.
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