Canyon Country Magazine checked in with Stephen Valenziano from JSB Development to find out the status of Vista Canyon, which is the property in the Sand Canyon/Lost Canyon area. The first phase, building the water reclamation plant, is pictured.
“The Water Factory is complete – equipment now being tested and certified,” he said in an email. “We will operate the Water Factory for 18-24 months before turning it over to the City of Santa Clarita.”
It is scheduled to be operational in June or July.
“The first three-story commercial office and retail building is about eight weeks away from completion, with initial proposals and leases under review,” Valenziano said. “Street paving, sidewalk and curbs, street lights, etc. is now underway.”
And what’s next?
“Bridge design is 95 percent complete,” he added. “The City has redirected a grant and will be building the bridge, with reimbursement coming from future developer bridge & thoroughfare fees. Road intersection work is beginning in summer /fall, with actual bridge construction beginning in spring 2020.”
The city bus transfer station construction will start in a few months, according to Valenziano. Grant funding for the new Metrolink station is nearing completion and station design is 95 percent complete. Station construction may start as soon as late 2019 or early 2020. Over the next 5 to 7 years, the balance of 650,000 square feet of offices, 165,000 square feet of retail, a 200-room hotel and approximately 400 luxury multifamily units will follow in the Town Center portion of the project.
How has the rain affected the Vista Canyon schedule?
“It has been a difficult winter for construction projects,” Valenziano said. “The rain has caused us, and all other builders throughout Southern California, some delays.”
Dallas builders JPI purchased the west side of the Vista Canyon development and construction is now underway for 480 luxury multifamily units.
The east end of Vista Canyon is in a land sale transaction with a major national homebuilder, which is scheduled to close at the end of the month. They will build 245 small-lot, detached homes for sale and the first models are scheduled to arrive in October.
Look in the April issue of Canyon Country Magazine for another update … and possibly an announcement!