Council OKs Development Pact on Serrano Ranch
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The Lancaster City Council on Monday night voted 3 to 1 to approve the largest housing development in city history, the 4,732-unit Serrano Ranch community covering 1,775 acres on the city’s east side.
The council approved a development agreement that locks in the building rights for the project’s developers, a limited partnership led by B. K. Cho and his son, Y. S. Cho, and the U. S. Supply Co. of Los Angeles.
The project is expected to be built over several decades.
The project is planned for mostly undeveloped land between Avenues J and L, and 40th and 70th Streets East.
Councilman George Theophanis cast the lone dissenting vote. Councilman Bill Pursley was absent.
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