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Old Posted Mar 21, 2008, 4:26 AM
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WonderlandPark WonderlandPark is offline
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Join Date: Mar 2006
Location: Bi-Situational, Portland & L.A.
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Like the Irvine Co. developers are in it for the long term, so a 2-3 year recession is nothing. I am not sure whether the 50K resident thing is part of Newhall Ranch or not, but basically Ventura Co. is throwing a shit storm because everything behind Magic Mtn all the way to the Ventura Co. line is to be in this project. But 50K homes out there will suck hard if they do build it out that large.

Even more worrisome is what Tejon Ranch has in store for the Antelope Valley/Gorman. The 5 is already thick over the grapevine. The Tejon Ranch project will ground that to a halt. That is a key commercial lifeline to the LA metro. Clogging that will suck bigtime. Hell, there are already commuters from Bakersfield to the Valley already.

But the thing behind Magic Mtn. is well covered in the Ventura Press, I just don't have the proposal or a link in front of me. This has been going on for a while now, though.
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