Land near Laguna will be public’s forever
Jenifer Ragland
NEWPORT BEACH -- The Irvine Co. is designating as permanent open space a
60-acre chunk of coastal land that could have otherwise housed a dozen
luxury homes, officials announced Wednesday.
The land, estimated to be worth $30 million, is just north of the city of
Laguna Beach and next to roughly 1,500 acres of land the company donated
last summer to expand the Laguna Coast Wilderness Park. It will become
part of a 7,700-acre open-space system the company is creating as part of
its Newport Coast development.
Irvine Co. spokesman Rich Elbaum said the move stemmed from some public
opposition to the Laguna Beach County Water District’s building of a
5-million-gallon underground water reservoir -- the first phase of any
housing development on the site.
Nearby homeowners and Laguna Beach city leaders brought their concerns to
the water district officials, who then began discussions with the Irvine
Co. about a possible land donation.
“It was decided that the best thing for this parcel would be to donate it
so the public can use it forever,†Elbaum said. “It’s a unique site, and
one of few areas in the wilderness park that would have a whitewater view
of the ocean.â€
The parcel is at the southernmost edge of the company’s property line,
which extends north into Newport Beach and ends on the east bluff of
Upper Newport Bay.
An open-space conservation easement for the property will be given to the
Trust for Public land, a national nonprofit group, to ensure it stays
undeveloped permanently.
Elbaum said the underground reservoir is still needed for existing
residential developments and for better fire protection in the Laguna
Beach hills.
However, part of the land donation deal includes a reimbursement of about
$2 million from the water district to the development company for money
it spent to build a service road and some costs for the reservoir itself,
Elbaum said.
The company already had approval from the county to build the small
housing development, although indications are the developer would have
run into fierce opposition from the existing neighbors when it came time
to build.
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