Land war heating up over Cargill salt ponds
Posted by: Aqua Blog Maven on March 14, 2010 at 6:38 amFrom the San Francisco Examiner:
“One of the most heated Bay Area land-use battles of the century is shaping up as different interests take sides in a plan to partly develop and partly restore a 1,436-acre salt harvesting site in Redwood City.
Diversified international company Cargill sold most of its Peninsula salt ponds in 2003 for $100 million to government agencies that plan to restore the shoreline habitats to create a sweeping federal wildlife reserve.
But Cargill held onto a site adjacent to the Port of Redwood City, which it values at $200 million, and it has spent several years preparing development plans for the land under a partnership with Arizona-based developer DMB Associates.
The land has been used for commercial salt harvesting since 1901.
The development plans currently include as many as five schools, 63 acres of sports fields, 759 acres of restored habitat, and neighborhood parks and sports fields, 1 million square feet of commercial space and 8,000 to 12,000 new homes. … “
Read more at the San Francisco Examiner by clicking here.
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