Home | Business News | Browse by Publication | S | San Diego Business Journal

Public works are part of doing business here: builders assert they're paying their share to upgrade roads and sewers.

Publication: San Diego Business Journal
Publication Date: 27-MAR-06
Format: Online
Delivery: Immediate Online Access
Full Article Title: Public works are part of doing business here: builders assert they're paying their share to upgrade roads and sewers.(Infrastructure of San Diego roads)

Article Excerpt
While Gov. Arnold Schwarzenegger and the Legislature continue to battle over a $50 billion public-works bond measure to fund much-neglected infrastructure throughout the state, San Diego builders are pouring money into the communities that will be hosting their brand-new projects.

Some of the enhancements are outside the formal boundaries of their developments and in some cases, could be considered above and beyond the call of duty. But for some local builders, it's all part of the cost of doing business in 21st century San Diego.

"I think there is a confluence of lots of issues that have come together," said Fred Maas, the president and chief executive officer of Black Mountain Ranch LLC, which is developing a 4,677-acre planned community in the city of San Diego, between Inter-states 5 and 15, just off state Route 56.

"One of them, to some extent, is the residual effect of the no-growth movement back in the 1980s--the argument that you don't let builders put up their houses until they put in the infrastructure," he said. "They didn't want to burden the older communities. Then it was a mantra. Now it's a doctrine."

Add to that Proposition 13, he said. Approved by voters in 1978, the measure reduced property taxes by more than 50 percent by capping property tax rates at 1 percent and rolling back property values for tax purposes to the 1975-76 level.

"So the question is, how do you pay for all these things? Mechanisms had to be built in," he said.

The Cost Of Doing Business

Black Mountain Ranch's first phase, Santaluz, has contributed more than $100 million in hard infrastructure costs, according to company figures.

Improvements include the South Village Neighborhood Park, 15 miles of major road upgrades, a $3.2 million fire station, two $1 million sewage-pumping stations and a 25 million gallon reservoir, and widening of Carmel Valley Road/Black Mountain Road. Also, included is the completion of 6 miles of pipeline and stations, linking the region to the city's reclaimed water system, which will be used for irrigating the park and the Santaluz golf course.

Bill...

Access Full Article, Compliments of Goliath

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from San Diego Business Journal
Tom Shepard & Associates, Inc. has named Kimberly Hale senior account ..., April 03, 2006
Kevin Cole has been named dean of the University of San Diego School o..., April 03, 2006
BAE Systems has named Gene Morgan vice president of finance for its na..., April 03, 2006
Amy Chang has been promoted to vice president of strategy and operatio..., April 03, 2006
Ashbrook Communities has named Ken Yoshitomi senior purchasing agent.(..., April 03, 2006

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.