VENTURA : Decision Expected on Downtown Site Plan
- Share via
A subcommittee of the City Council is scheduled to decide today between two development proposals for a 25,900-square-foot parcel in downtown Ventura.
An Oxnard-based company wants to build 26 townhouses and shops on the property at the northwest corner of Figueroa Street and Thompson Boulevard. Holguin, Fahan & Associates, a Ventura-based environmental consultant company, is proposing a Victorian-style office building and warehouse at the site.
“Both would be compatible with the area,” Associate Planner Pat Richardson said.
The city bought the vacant lot in 1989 for $312,000, Richardson said. It is now valued at $310,000, and both companies are interested in buying it from the city. Both are asking the city for low-interest rate loans and other concessions such as waiving permit fees and traffic mitigation fees.
The meeting is at 8:30 a.m. at City Hall in Conference Room E.
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
