Title
Receive a status update on the East Garrison project.
Report
RECOMMENDATION:
It is recommended that the Fort Ord Committee receive a status update on the East Garrison project
SUMMARY:
* Union Community Partners, LLC (UCP) recently completed a merger with Century Communities; the Successor Agency is reviewing the merger for approval pursuant to the Development and Disposition Agreement (DDA).
* As of August 17, 2017, a total of 513 units of the planned 1,400 homes at East Garrison have been completed and certified for occupancy
* Fire station construction underway May 2017
* East Garrison Community Service District election was on August 19, 2017 to determine if EGCSD should have a directly-elected board of directors, or if the County Board of Supervisors should continue to act as the EGCSD Board of Directors. Final results not yet available.
DISCUSSION:
Lot Sales and Market Rate Housing Construction
* Phase 1 -
o Lot Sales
* All 273 single-family residence (SFR) lots and all lots for 60 Townhome units have been sold by UCP to its affiliate Benchmark Communities.
* Future - Lot sales for 49 live-work units, and 40 Town Center lofts.
o House Construction - As of August 17, 2017, 238 of 273 SFR units have been constructed and have been issued certificates of occupancy; 12 further units have been permitted and are under construction.
o Townhome Construction - 16 of the 60 multi-family Townhome units have been completed.
* Phase 2
o Lot Sales - All 315 SFR lots and all lots for 113 Townhome units have been sold by UCP to Benchmark Communities
o House Construction - As of August 17, 2017, 188 of 315 units have been constructed and have been issued certificates of occupancy;
* Phase 3
o Lot Sales - Not started. Anticipated late 2018/early 2019, upon completion of infrastructure improvements.
o Home Construction - Not started. To include 192 single-family homes and 150 condominiums. Anticipated 2019, upon sale of lots.
Affordable Housing
* Low ...
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