{"id":473754,"date":"2021-04-08T15:00:16","date_gmt":"2021-04-08T19:00:16","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=473754"},"modified":"2021-04-08T15:00:16","modified_gmt":"2021-04-08T19:00:16","slug":"finish-line-in-sight-for-efforts-to-build-nearly-20000-homes-in-los-angeles-county","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/finish-line-in-sight-for-efforts-to-build-nearly-20000-homes-in-los-angeles-county\/","title":{"rendered":"Finish Line in Sight for Efforts to Build Nearly 20,000 Homes in Los Angeles County"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Finish Line in Sight for Efforts to Build Nearly 20,000 Homes in Los Angeles County<\/b><\/p>\n<p class=\"bwalignc\"><b>Centennial at Tejon Ranch has path to move forward<\/b><\/p>\n<p>LOS ANGELES&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nLos Angeles Superior Court Judge Mitchell Beckloff has determined that the overwhelming majority of the Environmental Impact Report (EIR) for the master planned mixed use community of Centennial at Tejon Ranch is satisfactory, denying 20 of the 23 claims raised in two separate environmental lawsuits filed under the California Environmental Quality Act (CEQA).\n<\/p>\n<p>\nThe judge rejected all claims raised by the Center for Biological Diversity and the California Native Plant Society. He also found that certain narrow aspects of the EIR related to the analysis and mitigation of greenhouse gasses and <span class=\"bwuline\">off-site<\/span> fire risk needed further analysis or clarification. In most of the issues related to greenhouse gasses and fire risk, including Centennial\u2019s wildfire protection program, the court ruled in favor of Tejon Ranch and Los Angeles County.\n<\/p>\n<p>\n\u201cWe want to thank the judge for his careful attention to this case\u2019s numerous issues, especially his affirmation that Centennial is a fire-resilient community,\u201d said Gregory S. Bielli, President and CEO of Tejon Ranch Co. \u201cEnvironmental impact reports are extremely lengthy, complex documents, and it\u2019s difficult to get everything perfect the first time out. With the judge\u2019s direction, we will work with LA County to address the few remaining issues, just as we did in Kern County when a court ruled the EIR for our Grapevine community needed additional analysis. The analysis was completed, Grapevine was reapproved, and the court affirmed the additional analysis was correct. We expect the same will be true for Centennial.\u201d\n<\/p>\n<p>\nCentennial, which is located in the Western Economic Opportunity Zone designated in the Antelope Valley Area Plan and the Los Angeles County General Plan, consists of 19,333 residential units, 18% of which are affordable units, and more than 10.1 million square feet of commercial space providing retail and business park uses. It will also produce a wide array of employment opportunities. In addition to much-needed housing, Centennial is projected to create more than 23,000 permanent jobs on site and nearly 25,000 construction jobs.\n<\/p>\n<p>\nWhile the California Environmental Quality Act was created for an important purpose, it has been hijacked by extreme environmental groups such as the Center for Biological Diversity (CBD) to try and stop all housing and job creation opportunities in California, ultimately denying millions of Californians an opportunity to own a home of their own and provide for their families.\n<\/p>\n<p>\nCBD\u2019s lawsuit filed against Tejon Ranch was the third the organization has lost in the last five months and was its 13<sup>th<\/sup> legal action taken against Tejon Ranch and its interests since 2003. CBD\u2019s goal is to undermine and prevent the development of Tejon\u2019s master planned communities, which will provide 35,000 desperately needed new homes for Californians.\n<\/p>\n<p>\nThe concerted efforts by CBD and other extremist groups only serve to worsen California\u2019s housing shortage and drive home costs ever higher. CBD\u2019s actions are consistent with their philosophy which advocates for \u201creducing the human population\u201d because, in the words of CBD co-founder Kieran Suckling, \u201cthere\u2019s too many damn feet.\u201d Through its strategy of filing lawsuit-upon-lawsuit, CBD aims to, according to another co-founder, Robin Silver, \u201cinflict severe economic harm.\u201d Regrettably, the ultimate victims of CBD and these other groups\u2019 short-sighted strategies are hard-working Californians who desire a home they can afford and an opportunity to better themselves and their families.\n<\/p>\n<p>\nTejon Ranch Co. is ready to do its part to help solve California\u2019s housing crisis, to build the homes and create the jobs that California so desperately needs, so it is anxious to resolve the issues noted by the court as quickly as possible.\n<\/p>\n<p><i><b>About Tejon Ranch Co. <\/b><\/i><\/p>\n<p>\nTejon Ranch Co. is listed on the New York Stock Exchange under the symbol TRC. Tejon Ranch is a diversified real estate development and agribusiness company, whose principal asset is its 270,000-acre land holding located approximately 60 miles north of Los Angeles and 30 miles south of Bakersfield. More information about Tejon Ranch Co. can be found online at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.tejonranch.com%2F&amp;esheet=52408478&amp;newsitemid=20210408005889&amp;lan=en-US&amp;anchor=www.tejonranch.com&amp;index=1&amp;md5=0cdaed076904e0d7f56c0bc71dac6a23\">www.tejonranch.com<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210408005889r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210408005889\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210408005889\/en\/<\/a><\/span><\/p>\n<p>\nBarry Zoeller \u2013 (661) 663-4212, Tejon Ranch Co.\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Commercial Building &amp; Real Estate Legal Agriculture Construction &amp; Property Natural Resources Environment Professional Services Residential Building &amp; Real Estate<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Finish Line in Sight for Efforts to Build Nearly 20,000 Homes in Los Angeles County Centennial at Tejon Ranch has path to move forward LOS ANGELES&#8211;(BUSINESS WIRE)&#8211; Los Angeles Superior Court Judge Mitchell Beckloff has determined that the overwhelming majority of the Environmental Impact Report (EIR) for the master planned mixed use community of Centennial at Tejon Ranch is satisfactory, denying 20 of the 23 claims raised in two separate environmental lawsuits filed under the California Environmental Quality Act (CEQA). The judge rejected all claims raised by the Center for Biological Diversity and the California Native Plant Society. He also found that certain narrow aspects of the EIR related to the analysis and mitigation of greenhouse gasses and off-site fire &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/finish-line-in-sight-for-efforts-to-build-nearly-20000-homes-in-los-angeles-county\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Finish Line in Sight for Efforts to Build Nearly 20,000 Homes in Los Angeles County&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-473754","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Finish Line in Sight for Efforts to Build Nearly 20,000 Homes in Los Angeles County - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/finish-line-in-sight-for-efforts-to-build-nearly-20000-homes-in-los-angeles-county\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Finish Line in Sight for Efforts to Build Nearly 20,000 Homes in Los Angeles County - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Finish Line in Sight for Efforts to Build Nearly 20,000 Homes in Los Angeles County Centennial at Tejon Ranch has path to move forward LOS ANGELES&#8211;(BUSINESS WIRE)&#8211; Los Angeles Superior Court Judge Mitchell Beckloff has determined that the overwhelming majority of the Environmental Impact Report (EIR) for the master planned mixed use community of Centennial at Tejon Ranch is satisfactory, denying 20 of the 23 claims raised in two separate environmental lawsuits filed under the California Environmental Quality Act (CEQA). The judge rejected all claims raised by the Center for Biological Diversity and the California Native Plant Society. 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