Los Coyotes Country Club, Buena Park, California

The developer was a joint venture partner with the owner of the Los Coyotes Country Club. The planned 120 unit residential development on an 8 acre portion of the site will add an upscale amenity to the existing 27-hole private golf course.  The estimated project costs exceed $70+ million.

The Los Coyotes Country Club was built adjacent to the McColl Superfund site, an open pit of acidic sludge and oil refinery waste.  The EPA, local community, Orange County, and the owners of Los Coyotes Country Club worked successfully to transform the site into the three championship golf courses and golf clubhouse seen today.

Brooks Institute, Ventura, California

The developer was a co-owner and developer of the 70,000 SF Brooks Institute Campus in Ventura, California.  The existing campus is situated on 8 acres of land and currently accommodates approximately 1,000 students.  

The developer processed entitlements to expand the existing campus facilities by 70,000 SF in two phases.  In addition to the campus expansion, The developer collaborated in the master planning the adjoining 28 acres as a mixed-use, retail, industrial, and 400 unit residential village.  The architects for the master plan are noted New Urbanist planners Moule and Polyzoides.  When complete, the new mixed use village will revitalize Ventura's historic Westside.   

Due to the Brooks Institute's historic agricultural and industrial uses, the developer performed both Phase I and Phase II Environmental Site Assessments.  The Phase II involved a Soil and Groundwater Investigation with soil borings drilled and a groundwater monitoring well was installed.  The developer's oversight of the Phase II with the Ventura County Environmental Health Department lead to its prompt financing and acquisition in a joint venture with GE Capital.

Solair, Los Angeles, California

The developer assisted in the entitlement of Solair in the Koreatown neighborhood of Los Angeles, California.  The $160 million Solair project featured a 22-story, contemporary glass-walled building that contained 186 residential units and a 40,000 square-foot retail plaza.  The project also included a large Metro bus layover facility.

Avila Beach Cottages, Avila Beach, California

The developer in a joint venture with the property owner planned a condo-hotel development on a 5 acre parcel in the City of Avila Beach, California.  The ocean front bluff project along California’s Central Coast included 50 for sale hotel condo units.

Glen Annie Fields, Santa Barbara, California

The developer was a joint venture partner of the former owner of the Glen Annie Golf Course.  The 162-acre Public Golf Course, completed in 2002 had proven infeasible to operate at a level that would allow cost recovery.  The redevelopment project contemplated reduction of the 18-hole golf course to a 9-hole golf course and repurposing the remaining acreage to 35 affordable/workforce homes, 140 market rate homes, and 5 soccer fields. 

Carson Self Storage, Carson, California

The developer in partnership with Carson Self Storage acquired and renovated Rebel Mini Storage.  The $18 million project is comprised of 2,400 self storage units on 12.5 acres in the city of Carson, California.  The storage facility was built on the former municipal landfill, Gardena Valley Landfill II.  The company performed an extensive Phase II with the oversight of the California Department of Toxic Substances Control (“DTSC”).  A No Further Action letter (“NFA”) was obtained from the DTSC in only 5 months, allowing the financing and acquisition of the property with a UBS CMBS Conduit Loan.

Lopez Canyon, Sylmar, California

Lopez Canyon is a 50,000 SF industrial project on a 17 acre site.  The site overlies a former 15 acre landfill.  After an exhaustive Phase II Environmental Site Assessment (“Phase II”) that included an Underground Storage Tank removal, the developer received an NFA from the County of Los Angeles Solid Waste Management Program (SWMP) allowing the developer to finance and acquire the property.

Sky Terrace Mobile Park and Storage, Sylmar, California

Neighboring Lopez Canyon, and underlying the same former landfill Sky Terrace is a 170,000 SF industrial building and storage development project on a 54 acre site.  The developer processed a Phase II, investigating potential soil, soil-gas, and groundwater contamination due to the landfill.  The developer worked successfully with the SWMP to obtain an NFA letter in March 2008, allowing the developer to obtain financing and acquire the property.

The developer voluntarily pursued site closure related to groundwater on both Sky Terrace and Lopez Canyon from the Los Angeles Regional Water Quality Control Board (“LARWQCB”).  The LARWQCB requested that the developer perform a Solid Waste Management Test (“SWAT”) on the formerly closed landfill.  Upon completion of the SWAT, the LARWQCB granted the developer an NFA on both properties requiring only recurrent groundwater sampling and testing.

Lopez Canyon & Sky Terrace were financed with acquisition, development, and construction financing provided by a Southern California Pension Trust.  In addition, the developer was awarded a State Funded Assessment Loan for both properties by the State run Center for Creative Land Recycling (“CCLR”).