Placer Vineyards, 5,200-acre project, gets final OK to proceed

 

The largest single Sacramento-area residential project in recent history has gotten its final OK to begin development.

Placer Vineyards, a 5,230-acre project in western Placer County, got its regional general permit last week from the U.S. Army Corps of Engineers.

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“It’s a necessary step to finally clear the way for development,” said Guy Spitzer, a land broker with Newmark Cornish & Carey, who represents several landowners in Placer Vineyards. “Over the next several years, I foresee the Placer Vineyards Specific Plan becoming the most sought-after residential housing market located in Placer County.”

At buildout, Placer Vineyards would have 14,132 homes and 165 acres of commercial development. At least 6,000 acres of open space and ag land will be permanently preserved under the approvals for the project with Placer County.

The MacDiarmid Co. is the master developer for the project, which extends nearly from Roseville’s western border to the county line between Placer and Sacramento counties, south of Riego Road.

“We look forward to continuing to work with Placer County to create an outstanding new community that stands the test of time and attracts homebuyers and new businesses for years to come,” said Kent MacDiarmid, project manager for Placer Vineyards, in a press release.

First proposed in 1997, the project got initial county approvals in 2007. But as more landowners became interested in joining, the project became bigger and more complex, leading to a second round of county entitlement approvals in the last few years. The U.S. Army Corps permit, required for projects built in potentially sensitive wetlands areas, was the last holdup.

According to the press release, infrastructure and early site work for buildable lots should get underway in spring 2018. The project is expected to remain in unincorporated Placer County rather than be annexed to neighboring Roseville.

 

Article and image provided by: Sacramento Business Journal
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