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California Springs approaches final planning stages; Lancaster project nears anticipated 1991 groundbreaking.


California Springs approaches final planning stages

Lancaster project nears anticipated 1991 groundbreaking

The massive California Springs development in western Lancaster is now in its final planning stages, a year after developers announced plans to build in the next three decades what could amount to the Antelope Valley's largest mixed-use real estate project.

Next month its developers will present an environmental impact study of the project to the City of Lancaster The City of Lancaster (2002 population: 133,914) is a local government district with city status in Lancashire, England. Its main town is Lancaster, from which it obtained its city status. Other towns in the district include Morecambe, Heysham, Slyne, and Carnforth. . Before the report is finalized, the city will hold public hearings to allow the public to express its views on the mixed residential and commercial, industrial community.

Project Manager Craig D. Yoder said he hopes that hearings will begin in August on the final report and that construction can begin in late 1991 or early 1992.

Developers David Waln, Santa Monica-Based Ray Watt and Newport Beach-based Richard Barclay formed California Springs Land Co. last year to build a master-planned development with the potential of 35,000 homes and 24 million square feet of industrial space. Waln speculated that California Springs will grow to a $9 billion project.

Construction will occur in stages over the next 15 to 20 years northwest of Lancaster, beginning on 170th Street. The site is equidistant e·qui·dis·tant  
adj.
Equally distant.



equi·distance n.
 between the Golden State and Antelope Valley freeways. Although the land is under Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  County's jurisdiction, Yoder said he plans to ask the City of Lancaster to annex the site.

In February, Yoder presented a plan to the Lancaster Planning Advisory Committee for a development with 22,000 homes and 14 million square feet of commercial space on 5,600 acres of land. The California Springs development site or "project area" is a subset of a 10,000-acre undeveloped region, which the company calls the community planning area.

Yoder said his company owns close to 8,000 acres. However, it chose to focus on the contiguous 5,600 acres. "We just could not extend sewer and roads over all those unconnected parcels," he explained.

When the City of Lancaster asked the developers to predict how much constructions would occur in the entire undeveloped area, Waln estimated that a total of 35,000 homes will be built by his company or other landowners over the next 35 years.

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Yoder, California Springs Land Co. will concentrate its efforts on the 5,600 acres and plans to build a retirement community, two golf courses, school sites for elementary, junior high and senior high school students, and park sites and open space for recreational use in addition to the homes.

The region has been experiencing a 15 to 45 percent growth in the last seven years as Los Angeles residents flocked in to buy affordable housing in the area.

According to Western Economic Research Co. and Los Angeles Area Chamber of Commerce figures, about $103 million in building permits were granted in the Antelope Valley This article is about the Los Angeles County region. For the census-designated place in Wyoming, see Antelope Valley-Crestview, Wyoming.

The Antelope Valley
 for projects bigger than $500,000 in 1989 -- a $48 million jump from 1988. This figure would include large housing tracts, said Jack Kyser, chief economist The Chief Economist is a single position job class having primary responsibility for the development, coordination, and production of economic and financial analysis. It is distinguished from the other economist positions by the broader scope of responsibility encompassing the  for the Los Angeles Area Chamber of Commerce.

Developer Waln, who owns Antelope Valley-based Waln and Associates, joined forces with Watt and Barclay after the three men discovered that they were looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 property in same area.

Watt and Barclay have a long list of other developments on their resumes.

Barclay's Richard Barclay and Associates helped develop Marina del Rey Del Rey may refer to:
  • Del Rey, California, a census-designated place in Fresno County, California
  • Del Rey, Los Angeles, California, a small district in the west side of Los Angeles
  • Del Rey (band), an indie rock band
, 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.  Business Park and other commercial projects. Watt, chairman of Watt Industries, has built over 100,000 homes and has developed eight million square feet of industrial space. The two are also partners in Riverside County's Bear Creek Bear Creek may refer to: Communities
  • Bear Creek, Alabama, a town in Marion County
  • Bear Creek, Alaska, a census-designated place in Kenai Peninsula Borough
  • Bear Creak (Iowa), the name of streams and places in Iowa
 development.

PHOTO : Project: Desert blooms
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Copyright 1990, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Title Annotation:Special Report - North County
Author:Goldgaber, Arthur
Publication:Los Angeles Business Journal
Date:May 28, 1990
Words:604
Previous Article:School construction sparks building controversy; developers face added levies as student number increases. (Special Report - North County)
Next Article:Antelope Valley Mall opens in September. (Special Report - North County)
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