reality.. applauded todays announcement as an important step in accelerating the activities in California and around the world, Net Zero Newhall In addition to aiding News | Two local environmental organizations The project will be net-zero producer of greenhouse gases, Orange County developer FivePoint Communities says. Climate Resolve appreciates this historical matters are intended to identify forward-looking statements. Plambeck said new evidence has surfaced about water supplies and circumstances have changedsince the high court ruling two years ago. [44][45] Landmark Village was planned to be the first neighborhood to be built. FivePoint already has distributed 10,000 clean-burning stoves in Zambia and plans to pay for tens of thousands more in Africa, said company spokesman Steve Churm. News | More Less. FivePoint Valencia (formerly Newhall Ranch) - Harris & Associates Forward-looking statements are subject to risks, trends, uncertainties including our quarterly reports on Form10-Q,under the heading Risk It would be home to about 60,000 residents when completed. Homeowners will have. The first of 1,400 homes go on the market in the next month or two, said FivePoint spokesman Steve Churm. The project which would include at least 20 neighborhood parks, at least seven schools and three new fire stations would have 57,150 residents when finished. The builders in the first phase of Valencia are KB Home, Lennar, Richmond American, Toll Brothers and TRI Pointe Group. our efforts to continue strengthening the Santa Clarita Valley with good [2] The completion of Interstate 5 through the Santa Clarita Valley in 1967 provided an improved route south into the San Fernando Valley. Living in Newhall | Newhall Ranch Project | FivePoint Valencia In all, the net-zero efforts, pursued by FivePoint after a state Supreme Court setback, will cost about $200 million over the 15-to-20-year build out of the development, or about 2 percent of the developments $12 billion price tag, the company says. [54], In the California State Senate, Valencia is split between the 21st and 27th districts, represented by Scott Wilk (R) and Henry Stern (D), respectively. Both would contain more than 19,000 new homes built over the next two decades, transforming undeveloped valleys and hillsides into houses, schools, libraries and parks. raised by the California Supreme Court. FivePoint's three communities are: Great Park Neighborhoods in Irvine, Newhall Ranch near Valencia, and The San Francisco Shipyard/Candlestick Point in the City of San Francisco. La Shon A. Walker - Vice President - Five Point Holdings, LLC - LinkedIn