Quote:
Originally Posted by GoodLife
From the article
The Developer had previously offered the Hacienda Hills site to the AAC for purchase at full market value. The AAC, under pressure from residents to pass on the offer, failed to make a deal with the Developer and the offer was taken off the table.
Looks like a put up or shut up deal to me. If you want to control what happens with a property you need to own it.
I think that 7 acre property is not currently zoned for multifamily units so that may be a battle, but I am pretty sure developer will get what they want.
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Of course they will get what they want. They control local government. So much for a system of checks and balances.