TO: LINDA REICH, CITY MANAGER
FROM: WARREN MORELION, AICP, DIRECTOR OF DEVELOPMENT SERVICES
SUBJECT
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Preserve Development Update.
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RECOMMENDATION
recommendation
Receive a presentation regarding The Preserve development update.
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FISCAL IMPACT
There is no financial impact to the General Fund. The item being presented is for informational purposes.
CITY OF CHINO MISSION / VISION / VALUES / STRATEGIC ISSUES
The recommendation detailed above furthers the City's values and strategic issues that serve as key pillars on which identified priorities, goals, and action plans are built, by fostering:
* Responsible Long-Range Planning
BACKGROUND
The Preserve encompasses 5,435 acres of land and was annexed into the City of Chino in 2003, along with the adoption of The Preserve Specific Plan ("PSP"). The PSP provides the frameworks for development, with a vision for a community based on a mixture of residential neighborhoods focused around a community core, interconnected with a system of paseos and trails to provide connectivity throughout the community. The Preserve consists of a variety of land uses including residential, commercial, industrial, and open space. When adopted, The PSP anticipated the development of 9,779 residential dwelling units. Since 2003, there have been several amendments made to The PSP, increasing the total number of developable residential units to 11,725. To date, building permits have been issued for 6,747 residential units within The Preserve, with 6,191 homes receiving occupancy.
ISSUES/ANALYSIS
Development of The Preserve began north of Pine Avenue in 2003, with the approval of a Master Site Approval (MSA) for 370 acres of land owned by the Chino Preserve Development Corporation (Lewis holdings), allowing the development of 2,744 residential dwelling units. Subsequently, home construction began in 2004 after the approval of Site Approval (SA) applications for the first five home builders. Development continued ...
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