Developing large raw land parcels into residential lots in San Diego County is far more time consuming, costly, and challenging than most people realize. All major projects in the State of California have to go through CEQA screening, a process that requires a set of costly environmental impact studies. If a subdivision of the site into smaller tax lots is approved, the property is re-assessed and the owners will pay property taxes based on the new lot configurations. The expertise required and the financial risk incurred by developers is very significant. The approval process is a matter of public record and the County takes public input very seriously. #RealEstate
http://www.sandiegoreader.com/news/2016/jun/22/citylights-blue-julian
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