Five days after telling San Benito County supervisors the
company has withdrawn its 6,800-unit development proposal here, DMB
Associates announced a new proposal Tuesday for a planned community
of 8,000 to 12,000 homes in Redwood City along the bay, a Redwood
City spokesman confirmed.
Five days after telling San Benito County supervisors the company has withdrawn its 6,800-unit development proposal here, DMB Associates announced a new proposal Tuesday for a planned community of 8,000 to 12,000 homes in Redwood City along the bay, a Redwood City spokesman confirmed.
DMB announced the proposal for the “Saltworks” project on 1,433 acres east of Highway 101. On Thursday, DMB attributed its decision to withdraw the El Rancho San Benito proposal off Highway 25 northwest of Hollister to the poor economy.
DMB for nearly two years in Redwood City, much like in San Benito County, “engaged in a community outreach process” to help plan the Saltworks project, according to a Web site the company has set up for that proposal.
San Benito County Board Chairman Anthony Botelho noted how the dynamics of the real estate industry in each area likely play into its decision to move ahead on one and not the other.
For the full story, see The Weekend Pinnacle on Friday.
