Landmark Village and Mission Village Re-Approved by LA County Supervisors
July 18, 2017
FivePoint Holdings, LLC (NYSE: FPH), owner and developer of mixed-use master-planned communities in coastal California, today welcomed the Los Angeles County Board of Supervisors’ re-approval of Landmark Village and Mission Village – the first two villages of the approved Newhall Ranch Specific Plan. The re-approval was necessary due to a 2015 California Supreme Court decision requiring a more detailed analysis of the projects’ greenhouse gas emissions, along with additional measures to protect the unarmored threespine stickleback fish during project construction. All other aspects of the County’s prior environmental review and approvals were upheld.
Introducing Net Zero Newhall
Net Zero Newhall is an unprecedented commitment to make Newhall Ranch one of the most environmentally sustainable master-planned communities in the nation. Located in the Santa Clarita Valley, home to Los Angeles County’s third-largest city, Newhall Ranch will set a new standard of sustainability by protecting vast areas of open space for public use and reducing or mitigating net greenhouse gas emissions to zero.
Newhall Ranch by the Numbers
10,000 Acres Open Space and 50 Miles of New Trails
11.5 Million Square Feet of Job Generating Uses
Net Zero Increase in Greenhouse Gas Emissions
75,000 Permanent Jobs
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Fulfilling a 50-year Vision
Newhall Ranch will be the culmination of a 50-year vision that started with Valencia, an award-winning master-planned community created by the same local developer.
Net Zero Newhall is a groundbreaking initiative to make Newhall Ranch the most environmentally sustainable master-planned community in California.
Newhall Ranch at buildout will deliver thousands of permanent jobs, helping take the thriving Santa Clarita Valley, headquarters of Sunkist, Princess Cruises and more, to the next level.
Protecting Natural Resources
Over two-thirds of Newhall Ranch – 10,000 acres – will be dedicated open space, including 50 miles of trails. The community will also use state-of-the art water conservation measures, including a water reclamation plant capable of recycling millions of gallons per day.