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Debate peaks over vast coastal Southern California oil land
– canadianbusiness.com
NEWPORT BEACH, Calif. – The vast, dusty stretch of land in one of Southern California’s wealthiest beachfront communities is littered with rusting pipes from once-thriving oil production.
Beneath its drought-stricken exterior, however, environmentalists say the Newport Beach property is teeming with life and provides critical habitat for burrowing owls and endangered San Diego fairy shrimp that could be destroyed if developed into homes.
The dramatically differing views are at the crux of a sizzling debate in California over the future of what state coastal officials consider to be the largest remaining privately-owned coastal property that could be developed south of Los Angeles.
While many Southern Californians want the oil mess cleaned up, they want to see much more of its 401 acres returned to its natural state.
Newport Banning Ranch — a three-way partnership involving an oil producer and investment and real estate companies — wants to build 895 homes, a 75-room hotel and retail outlets on about 70 acres and leave roughly 80 per cent of the land as open space…
Beneath its drought-stricken exterior, however, environmentalists say the Newport Beach property is teeming with life and provides critical habitat for burrowing owls and endangered San Diego fairy shrimp that could be destroyed if developed into homes.
The dramatically differing views are at the crux of a sizzling debate in California over the future of what state coastal officials consider to be the largest remaining privately-owned coastal property that could be developed south of Los Angeles.
While many Southern Californians want the oil mess cleaned up, they want to see much more of its 401 acres returned to its natural state.
Newport Banning Ranch — a three-way partnership involving an oil producer and investment and real estate companies — wants to build 895 homes, a 75-room hotel and retail outlets on about 70 acres and leave roughly 80 per cent of the land as open space…
