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Los Angeles Business Journal: The Other, Bigger Housing Project: Tejon Ranch

Special Report: Real Estate Quarterly, by Howard Fine. Newhall Ranch isn't the only massive residential development planned in Los Angeles County. Another one is up the Golden State (5) Freeway near the Grapevine.

July 16, 2012

..."Tejon Ranch Co. wants to plunk down a midsize city of 23,000 homes, and 14 million square feet of commercial and retail space in the county's northwest corner...

"It's hard to see a project like this happening right now," said Chris Redfearn, associate professor with the USC Price School of Public Policy. "But Tejon Ranch has a very long time horizon. So the key for them will be to bring this project forward at a time when the cycle turns once again and the demand will be there..."

Link: Los Angeles Business Journal