BIG SALES MAKE RECORD REVENUE.Byline: Patricia Farrell Aidem Staff Writer VALENCIA - The Newhall Land and Farming Company The Newhall Land and Farming Company is a land management company based in Valencia, California, United States. The company is responsible for the master community planning of Valencia, as well as the management of farm land elsewhere in the state. declared 2001 a record year highlighted by unprecedented housing sales and the sales of key assets including the Chiquita Canyon Landfill and land that will house a prestigious film archive. In its annual report released Wednesday, the company boasted record net income of $91.1 million for the calendar year. ``It was our best year ever,'' spokeswoman Marlee Lauffer said. Builders sold 873 new homes in Valencia on lots they purchased from Newhall Land. Also, Centex and John Laing For John Laing, the 15th century bishop of Glasgow, see John Laing (bishop) John Laing plc is a British developer and operator of privately financed, public sector infrastructure projects such as roads, railways, hospitals and schools through Public-Private Partnership (PPP) and Homes, two major developers, paid more than $25 million for 232 lots at the Westridge Golf Course Community planned west of the Golden State Freeway The Golden State Freeway is a north-south freeway running through Kern County and Los Angeles County, California. Originally built as U.S. Highway 99, it was re-signed as Interstate 5 in 1964. , south of Six Flags For the national flags of Texas, see . Six Flags (NYSE: SIX) is the world's largest chain of amusement parks and theme parks and is headquartered in New York City. There are 20 such parks run by Six Flags. California. Also during the past year, Newhall Land sold 92 acres of commercial and industrial land, including the 23-acre Rockwell Canyon Business Park. Packard Humanities Institute plans a campus there that will house the University of California, Los Angeles UCLA comprises the College of Letters and Science (the primary undergraduate college), seven professional schools, and five professional Health Science schools. Since 2001, UCLA has enrolled over 33,000 total students, and that number is steadily rising. , Film and Television Preservation Center, the largest university collection in the world. Newhall Land also sold 13.8 acres to Specialty Laboratories, a Santa Monica Santa Monica (săn`tə mŏn`ĭkə), city (1990 pop. 86,905), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1886. Tourism and retailing are important, and the city has motion-picture, biotechnology, and software industries. biotech firm that plans to relocate to Valencia. The two deals combined contributed $68 million to Newhall Land revenue. Also adding to 2001 income was the sale of the 26,000-square-foot Town Center Plaza building, a mix of office and retail space. Looking ahead, the company expects to begin building homes at Westridge, where 600 lots are available to builders. Newhall Land plans to market a total of 1,100 residential lots this year. Also, 500 more homes are planned this year in northern Valencia, including the West Creek development, where construction is expected to begin at the end of 2002. |
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