FivePoint is proud to introduce this vision for Newhall Ranch, designed developsmixed-use,master-planned communities in coastal California. [email protected]. [12] In 1998, Valencia area had 1.1 million square feet of industrial space under construction with a 2% vacancy rate in the existing developments. Its a dramatic turnaround from two years ago, when the California Supreme Court ruled FivePoints 120,000-page environmental impact report failed to adequately address greenhouse gases and protect a tiny endangered fish the unarmored threespine stickleback. He added the science now shows building codes arent necessarily effective in protecting homes from catching fire. and similar expressions concerning matters that are not historical Two thousand electric-vehicle charging stations throughout the site were added to the plan, along with the program to subsidize electric vehicles for residents, schools and transit services. Additional sustainability features include the permanent, (Courtesy of FivePoint Communities), An artists rendering depicts what a town center in one the 4,055-home Mission Village and the 1,440-home Landmark Village, the first two of Newhall Ranchs nine developments. County, FivePoint will fund activities that will directly reduce the She also questions whether there are adequate water supplies on the site for 60,000 new residents, as the developer claims. Ranchnear Valencia, and The San Francisco This partnership is now bringing forward a community that will be a model of balance between social equity and environmental justice. ", "L.A. County Supes OK Valencia Project Updates", "EPA, Army Corps of Engineers are at odds over Newhall Ranch", "Supes to discuss Valencia housing development", "Suit Settlement Clears the Way for Newhall Ranch", "Court clears way for Newhall Ranch project to proceed", "Second District Addresses Interesting CEQA and CESA Species Mitigation Issues in Lengthy Partially Published Opinion Upholding Resource Management and Conservation Approvals for Newhall Ranch Project, but "Hides its Work" on Significant Greenhouse Gas Issues in Unpublished Portion", "Developers' Control Over Studies Debated", "California Supreme Court to review opinion in Newhall Ranch dispute", "Supreme Court's CEQA Docket Expands With Grant of Review in Newhall Ranch Case", "Appellate court affirms Newhall Ranch's Landmark Village", "Newhall Ranch Resource Management and Development Plan and Spineflower Conservation Plan", "State officials clear a roadblock to the controversial Newhall Ranch development", "Long-debated Newhall Ranch project gets key approvals from county", "New homes on horizon following $135 million sale of Valencia lots", "Developer of Great Park, Newhall Ranch has mixed debut on public market", "FIVE POINT HOLDINGS, LLC Management's Discussion and Analysis of Financial Condition and Results of Operations (form 10-Q)", "Project No. master-planned communities, said Ikhrata, whose organization represents We Many builders would love to be more environmentally conscious, but consumers arent willing to pay for it, said home building research analyst Alex Barron of El Paso-based Housing Research Center. gallons of wastewater each day. At the same time, Newhall Ranch at buildout will create an estimated ( Photo by David Crane, Los Angeles Daily News/SCNG). FivePoint decided to put an electric vehicle charger in every garage and hook every home up to solar panels, either on their roofs or using small neighborhood power grids. In the late 1980s, Newhall Land had one of the last big parcels of undeveloped real estate near Los Angeles with the 37,250-acre (15,070ha) Newhall Ranch. The area provides habitat for a wide array of native plants and animals including threatened and endangered fauna and flora such as the California condor, the California gnatcatcher, the southwestern willow flycatcher, the least Bell's vireo, the arroyo toad, the San Fernando Valley spineflower, and the threespine stickleback. Some of these risks and Newhall committed to zero net energy for the project, while Tejon refused to do so.. [54], In the California State Senate, Valencia is split between the 21st and 27th districts, represented by Scott Wilk (R) and Henry Stern (D), respectively. > CA There have been various builders who do net-zero homes, said Bob Yoder, Southern California division president for Shea Homes. countywide, Conserving ecologically valuable forestland, Reducing methane emissions from a California dairy farm, Funding a clean cook stove program in sub-Saharan Africa to reduce It will deliver a wide range of housing opportunities in one of the most constrained housing markets in the country and is being developed as the largest net zero greenhouse gas emission community of its kind in America., Kathryn Barger, the Supervisor of Los Angeles Countys 5th Supervisorial District the countys largest District and the one in which Valencia is located said, In the midst of a generational housing crisis, this critically needed housing is a welcomed addition to the region. Zero Net Energy, Electric vehicle charging stations in every home (up to 21,500) as Contacts FivePoint Steve Churm | Chief Communications Officer Reserve will oversee a program where independent third parties will FivePoint, based in Aliso Viejo, has major real estate holdings and developments in three of the most dynamic and supply-constrained markets along the California coast: Orange County, Los Angeles. of mixed-use master-planned communities in coastal California, has support the State of Californias leadership against global climate the United States. FivePoint Valencia is a 15,000 acre, 21,500 home, master planned community in Santa Clarita that will be built over the next 20 - 30 years. All of this speaks to the challenge of complying with very complex and ever-changing (environmental) regulations, which is a primary reason California is in the midst of a housing crisis that it cant seem to fix, Zoeller said. But Newhall Ranch is one of the nations first large-scale developments seeking to eliminate or off-set all its greenhouse gases (Photo by David Crane, Los Angeles Daily News/SCNG), Builders say this area of the Santa Clara river along Highway 126 will remain in its natural state. People-friendly sidewalks, porches and balconies. Native American resources and the environment and allows one of the Executive Director of Climate Resolve. [2] The completion of Interstate 5 through the Santa Clarita Valley in 1967 provided an improved route south into the San Fernando Valley. The Tataviam people migrated in here in 450 CE when the Chumash people were living here. And wed prefer that a larger proportion of greenhouse gas emissions reductions be achieved on site, rather than with off-site offsets. trusted environmental registry, based in Los Angeles. deforestation. Most voted to stay unincorporated while some voted to be annexed to the city of Santa Clarita. In lieu of identifying direct emission reductions, people are looking for an escape value to buy their way out of compliance, and that sets a dangerous precedent, Capretz said. They are following the right protocols. These innovative transportation Newhall Land supported this limit, stating, "We've always seen the 5 freeway as the dividing line between the city and the county. Newhall Ranch by the numbers transparent manner, FivePoint is working with the Climate Action Receive email alerts for SEC filings and Press Releases. good faith beliefs, they are not guarantees of future performance. A major expansion of Valencia is under construction with new residential neighborhoods and the expansion of commerce and industrial developments. Earlier this month, a superior court judge overturned the projects approval, forcing developers to seek new environmental reviews before it can go forward. Both would contain more than 19,000 new homes built over the next two decades, transforming undeveloped valleys and hillsides into houses, schools, libraries and parks. As part of a settlement with environmental groups, FivePoint Holdings must set aside $25 million to conserve the river and water shed, and must include 10,000 solar installations and 25,000 . In contrast, Centennial is in a wind tunnel at the apex of the Antelope Valley, which will fan flames as ignition sources increase as a result of more people in the area, Rose said. greenhouse gas from the communitys construction and operations. CEO of the Santa Clarita Valley Economic Development Corporation. (949) 349-1034Cell: (714) [email protected]. Major Roads and Streets of FivePoint Valencia | Newhall Ranch January 2021 - Subject to Change at any time On the Map: FivePoint Valencia After years of making my own maps, FivePoint Valencia / Newhall Ranch finally made the Google Map. 2 + 2, Unique floorplan includes open-concept living and many upgrades. Spanning the Santa Clara River, the massive Newhall Ranch development was conceived by the Newhall Land land management company in the 1980s. While the sphere of influence was increased and annexations approved on the other three sides of the city, the western boundary has remained at Interstate 5. (Photo by David Crane, Los Angeles Daily News/SCNG), Don Kimball, Community President of FivePoint Newhall Ranch, right, and Steve Churm, Chief Communications Officer of FivePoint Communities, at the site of the Newhall Ranch development along Highway 126 west of the Magic Mountain theme park. The analysis recognized that Lynne Plambeck, president of Santa Clarita Organization for Planning and the Environment, or SCOPE, one of two environmental groups still fighting in court to block Newhall Ranch development, argues the project wont eliminate all its greenhouse gas effects because the developments impacts havent been fully assessed. As of June30, 2022[update], all 18 initial neighborhoods are under construction with a total of 725 homes sold since sales began in May 2021.[46]. The new development is directly west of Six Flags Magic Mountain. [36] Also of concern is that participation in land-use issues is discouraged by requiring that public comments be submitted early in the environmental review process rather than up to the time of project approval. Today, Newhall Land and Farming Co. is owned by FivePoint. Wishtoyo Foundation, the Center for Biological Diversity, and the But not a net-zero project.. The first 5,500 homes won county approval in July, and the graders, earthmovers and scrapers went to work in October. [4] When it incorporated in 1987, the city of Santa Clarita combined four communities, including most of the built out portion of Valencia, to form a city of 25,000. Skip to main content. Instead, feasible measures must be incorporated that minimize impacts, not eliminate them completely.. By harnessing innovation and [40], The California Supreme Court ruled in November 2015 that Newhall Land Development Inc. failed to provide evidence in its overall Environmental Impact Report (EIR) to prove its project was consistent with state guidelines to control greenhouse gases. The project adequately protects homes with landscaping and construction techniques designed to fend off fires, the judge ruled. There are some really big issues here, she said. We caution you that any forward-looking statements included in this press release are based on our current views and information currently available to us. Plans call for homes, businesses, parks, schools and fire stations in nine villages. A third of the land is being set aside as permanent open space, and on-site sewage reclamation plants will generate recycled water for irrigation. Haddad added, We are proud of our long-standing partnership with the County of Los Angeles. (Photo by Dean Musgrove, Los Angeles Daily News/SCNG), Part of the Valencia FivePoint development next to Six Flags Magic Mountain, on Thursday, April 15, 2021. Our mission is to build stronger communities. Reserve, which is widely regarded as North Americas largest and most Valencia is an unincorporated community in northwestern Los Angeles County, California. [email protected] They are based on estimates and assumptions only as of the date hereof. Plambeck said new evidence has surfaced about water supplies and circumstances have changedsince the high court ruling two years ago. At just over 500 acres (200ha), the project also includes 730,000 square feet (68,000m2) of commercial development, a Saugus Union School District elementary school, and open space areas. This project includes: Harris responsibilities includes assisting with the strategic evaluation of development projects within the Newhall Ranch Specific Plan and other Westside properties. (Photo by Dean Musgrove, Los Angeles Daily News/SCNG), Part of the Tejon Ranch Centennial development looking north west from State Route 138, on Thursday, April 15, 2021. revenue, and meaningful relief for Southern Californias acute housing