• 0
  • Home
  • About Us
  • What We Do

Shopping Cart

GPAM
  • Home
  • About Us
  • What We Do

Water district pays $32M for land once slated for nearly 3,600 homes

Newport and Emerald Avenues (Jennifer Iyer, Redlands Daily Facts/SCNG)
Newport and Emerald Avenues (Jennifer Iyer, Redlands Daily Facts/SCNG)

An Inland Empire water district has paid $32.5 million for 1,650 acres of land in north Highland once slated for a 3,600-home housing project that failed to pass an environmental review.

The San Bernardino Valley Municipal Water District bought the 1,650-acre property east of I-210 and north of Highway 38 in a 2021 public auction that closed in February, the San Bernardino Sun reported. The seller was the Orange County Flood Control District.

In 2018, a judge ruled that Lewis Group of Companies, the Upland-based developer whose 3,600-home Harmony development had been approved for the site, had filed an insufficient environmental review. The development had been the subject of two environmental and community lawsuits in 2016.

The undeveloped land on the edge of the San Bernardino National Forest, the Santa Ana River and Mill Creek, was once excavated for material to build the nearby Seven Oaks Dam.

“Being able to buy the land at auction, for about 10-15 percent of the cost per acre compared to what we previously had to spend on land for the same purposes, offered tremendous value to the District,” district CEO and General Manager Heather Dyer said.

Dyer said the property would be used to accommodate future water infrastructure needs, including water storage and movement of water supplies throughout the San Bernardino and Yucaipa valleys. It would also provide mitigation land for a regional Habitat Conservation Plan, which will allow 11 agencies to construct more than 100 local water projects.

The district is also considering an educational component to focus on the watershed, sustainability, wildfire resilience and more.

In January, Randall Lewis, executive vice president for the Lewis Group, gave $10 million to the Urban Land Institute’s Center for Sustainabilityin Washington, D.C., to study sustainable real estate development.

[San Bernardino Sun] – Dana Bartholomew

[contact-form-7 404 "Not Found"]
Read more
  • USPS signs its largest CA lease since 2018
  • Median in San Bernardino County edges close to $500K
  • Developer gives record $10 million to ULI for sustainability studies

The post Water district pays $32M for land once slated for nearly 3,600 homes appeared first on The Real Deal Los Angeles.

Powered by WPeMatico

  • 25 April 2022
  • The Real Deal
  • Uncategorized
  •  Like
Brentwood apartment building finds a buyer →← Canyon sells LB apartments to value-add specialist
  • Recent Posts

    • Is CEQA win first shot at a broader overhaul for resi market?   July 5, 2025
    • Hankey finances bargain-bin hotel buy near SF’s Union Square July 3, 2025
    • Industry group flails as CEQA adjustments hit California builders unevenly July 3, 2025
    • Orange County office tower sells for discounted $19M July 3, 2025
    • City to deploy $425M of “mansion tax” money in record spending plan July 3, 2025
  • Recent Comments

    • Archives

      • July 2025
      • June 2025
      • May 2025
      • April 2025
      • March 2025
      • February 2025
      • January 2025
      • December 2024
      • November 2024
      • October 2024
      • September 2024
      • August 2024
      • July 2024
      • June 2024
      • May 2024
      • April 2024
      • March 2024
      • February 2024
      • January 2024
      • December 2023
      • February 2023
      • January 2023
      • December 2022
      • November 2022
      • October 2022
      • September 2022
      • August 2022
      • July 2022
      • June 2022
      • May 2022
      • April 2022
      • March 2022
      • February 2022
      • January 2022
      • December 2021
      • November 2021
      • October 2021
      • September 2021
      • August 2021
      • July 2021
      • June 2021
      • May 2021
      • April 2021
      • March 2021
      • February 2021
      • January 2021
      • December 2020
      • November 2020
      • October 2020
      • September 2020
      • August 2020
      • July 2020
      • June 2020
      • May 2020
      • April 2020
      • March 2020
      • February 2020
      • January 2020
      • December 2019
      • November 2019
      • October 2019
      • September 2019
      • August 2019
      • July 2019
      • June 2019
      • May 2019
      • April 2019
      • March 2019
      • February 2019
      • January 2019
      • December 2018
      • November 2018
      • October 2018
      • September 2018
      • August 2018
      • July 2018
      • June 2018
      • May 2018
      • April 2018
      • March 2018
      • February 2018
      • January 2018
      • December 2017
    • Global Property and Asset Mangement, Inc.
      137 North Larchmont
      Los Angeles, California 90010
      +1 213-427-1127

    © 2025 GPAM