401-acre Newport Beach Banning Ranch development project rejected


By Toni Mcallister

The proposed developer of Banning Ranch blasted the California Coastal Commission Thursday for upholding a preliminary decision in September to reject the developer’s plan. “Today, the commission adopted findings for the September 2016 Newport Beach Banning Ranch hearing that do not accurately reflect the basis for the commission’s decision,” said Sam Singer, a spokesman for Banning Ranch, one of the largest open private parcels of coastal land in Southern California.

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Michael Anderson
Michael Anderson 249 posts

Over the course of his 30-year career, Michael Anderson has worked in the residential development industry in the Pacific Northwest, Northern California and Southern California. He has acquired residential land in excess of $300M for both land development and homebuilding entities and has overseen the construction of approximately 2500 homes. Currently, in semi-retirement, and based out of Newport Beach, CA, Michael continues to invest in and stay abreast of the land markets.

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