401-acre Newport Beach Banning Ranch development project rejected

myNewsLA

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.

Read More

Previous Director of Land Acquisitions
Next Middle-class Workers in California are Struggling to Find Homes They Can Afford

About author

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.

View all posts by this author →

You might also like

Land/Projects

City of Industry Plans to Sell Large Parcel in Chino Hills

The approximately 2,500-acre Tres Hermanos Ranch property owned by the City of Industry, but falling within the borders of Diamond Bar and Chino Hills, will be marketed soon by land

Land/Projects

KB To Open New Community Near Riverside

KB Home on Friday announced the grand opening of Bella Cortina, the builder’s latest Riverside-area new home community situated in Rancho Belago in Moreno Valley.

Land/Projects 0 Comments

California’s Marblehead Project Down to Four Finalists

The California Marblehead Project in San Clemente is managed by Lehman Brothers Holdings Inc. and formerly controlled by Suncal. The San Clemente site is one of OC’s last remaining stretches