News Details

Centennial Project To Build 19,000 Homes Wins OK, 4-1

Article posted on 12/16/2018

The long-discussed Centennial project, located on a small portion of the Tejon Ranch just outside of Antelope Valley, now has favorable approval (4-1) from LA County’s governing body. Tejon Ranch is one of the last frontiers of relatively undeveloped space in the Los Angeles region.

The project will create 19,000 homes on roughly 12,300 acres of a more than 270,000-acre expanse of land, and is expected to create 20,000 long-term jobs, about 25,000 construction jobs and a $31 million annual public revenue surplus for the county. Supervisor Kathryn Barger, whose fifth district represents the county’s portion of Antelope Valley - including the Centennial site - provided strong arguments in favor of the development.

Barger said the development will help alleviate the housing crisis and meet the states housing needs, create long-term jobs and go “above and beyond” existing environmental requirements, and that the developer has gone above and beyond to make their project as good as it can be based on public input from both sides, adding, “I believe this project strikes a balance that will support generations to come.”

Source: Antelope Valley Press and Los Angeles Times. While this information is deemed reliable, it has not been verified and its accuracy is not guaranteed by the source, ACE Capital Group, its representative, brokers, and/or agents. ACE Capital Group reserves the right to correct any unintended errors or omissions.