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REAL ESTATE INDUSTRY NEWS
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O.C. business leaders slam rejection of West Coyote Hills development

The Fullerton City Council shot down the plan with a 3-2 vote Tuesday night.

By OC METRO staffPublished: May 28, 2010 01:41 PM

Rendering courtesy of westcoyotehills.com
Orange County business leaders are rallying against a Fullerton City Council vote striking down a plan to build 760 homes on a 510-acre stretch of land in West Coyote Hills, saying the denial is a "devastating blow" to the economy and the potential to create 2,000 much-needed jobs.

In particular, proponents of the plan are calling out Councilman Shawn Nelson, who has touted a pro-business and pro-property rights philosophy. The issue was decided with a 3-2 vote, and plan supporters say they were surprised that Nelson shot down the proposal.

Nelson could not be reached for comment.

The community was proposed by Pacific Coast Homes, a unit of Chevron, and faced opposition from environmentalists and other activist groups such as the Friends of Coyote Hills who seek to preserve the open space, which is one of the last undeveloped areas in the city.

However, the proposal included the building of nature preserves and trails, and would have provided crucial funding for local schools in addition to job creation, according to proponents.

In a statement, the Orange County Taxpayers Association, the Orange County Business Council and the Building Industry Association of Orange County said the rejection came as a "shock to the private sector."

"Denying one of the largest economic development opportunities in North County is a devastating blow," said Lucy Dunn, president of the Orange County Business Council. "In a time where private industry is suffering from record high unemployment and the worst economic conditions since the Great Depression, denying this project was a bad decision and we are extremely disappointed.”

Kristine Thalman, CEO of the Building Industry Association's local arm, said she "questions (Nelson's) judgment."

Moving forward, the organizations said they encourage local officials to promote economic growth.

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Readers Feedback:

"In a statement" three different agencies reacted to the council's vote. What sort of statement. Did they have a joint press conference?
Comment at 5/28/2010
Nevermind. I found it. It was a joint press release, which you can read at the OC Business Council's website.
Comment at 5/28/2010