HAL CUTLER

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Renewal and Redevelopment

 

 

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Renewal and Redevelopment

As housing & land prices continue to rise, developers and community leaders are looking more toward renewal and redevelopment. When this Realtor moved here in 1985, the population of Ventura County was about 650,000. Today, it is just about 800,000.  With plenty of open space, a relaxed environment and friendly surroundings, most people want to keep it that way.

Most communities have plans for new major developments, specific sites designated for redevelopment (Infill Development) and redevelopment districts.

The old Albertson's center on Victoria across from the Marina expansion is rumored to be set for condos or apartments. The old Von's on Gonzales near C Street is to be developed into a Lowe's Warehouse Store.

An old K Mart at Ventura Road and Channel Islands Blvd. is rumored to be converted to a Home Depot.

RiverPark is a 700 acre mixed use development is nearing completion. Just north of the 101 and east of the City of Ventura. Originally, this area, known as El Rio, was the oldest settlement in the area, settled around 1850 and long ago allowed to turn to dust. Now, plans call for 1800 Single Family Homes, new schools and a Fire Station. 

The City of Ventura built a Multi-Plex theatre complex a several years ago and that spurred a resurgence of the downtown area. Trendy shops and cafes replaced thrift stores and the like.

Now the City of Oxnard has a 14 screen Multi-Plex Theatre, Plaza Cinemas 14 along with 20,000 sf of new Commercial space and a Parking Structure.

The City of Port Hueneme has designated the south eastern portion as a redevelopment district. Many incentives and out right grants are available to home owners in the area. Below is a specific example of the how the area is changing.

Before

This duplex is in the initial stage of renovation. Typical of homes in the area, built in the 1950's, hundreds of homes like these have been upgraded and modernized in recent years.

After

This duplex is  completed  and occupied. 

Numerous opportunities still exist for projects such as these, both for the home owner and investor.


 

Contact Information

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business:      805-984-1995
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           cell:          805-377-1090
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  •         Surfside-Anacapa Real Estate
  •         127 N. Ventura Road
  •         Port Hueneme, CA 93041
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    Electronic mail
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    hal.cutler@verizon.net
     

     


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    Send mail to hal.cutler@verizon.net with questions or comments about this web site. Surfside-Anacapa Real Estate is independently Owned and Operated. Harold "Hal" Cutler is licensed by the California Department of Real Estate #01138681.  Information contained herein is deemed reliable, but not guaranteed.  References to size or square footage is taken from public records but is not verified. If your property is listed with a Broker, this site is not intended as a solicitation of  the listing.  Property offered is subject to prior sale.  Consult a qualified specialist for legal or tax issues.
    Copyright © 2001 HAL CUTLER - Realtor
    Last modified: May 09, 2010 11:44