Average property values across Contra Costa County dropped 3.4 percent in the past year, according to the figures released by Contra Costa County Assessor Gus Kramer.
Richmond saw the biggest drop at 12.8 percent, followed by San Pablo at 5.9 percent, Hercules at 5.3 percent, Antioch at 4.9 percent and Brentwood at 4.1 percent.
Only El Cerrito and Lafayette saw property values rise, 1.1 percent and 1.0 percent, respectively.
Posts Tagged ‘Contra Costa County’
Voters in Brentwood supported open space preservation in Eastern Contra Costa County with their rejection of Measure F at the polls on Tuesday. Measure F would have extended the urban limit line, the boundary that restricts development in the City. Had this measure passed, the City would have been able to annex approximately 740 acres of open space, enlarging the area for development. The measure was put on the ballot by a group of Brentwood land owners who wanted to develop the area for single-family housing.
BART Board Director Joe Keller has stated to the Antioch City Council that the city’s preferred eBART station location is “dead” due to lack of funding. The preferred station location is estimated to cost an additional $50 million than the current planned station location in the Highway 4 median, 1,200 feet east of the Hillcrest Avenue interchange.
That station would allow for 54 percent more residential units, 130 percent more retail space and 32 percent more office space, according to a recent study. Although nearly 400 additional daily eBART trips would be generated at that station site, they “may not be worth the additional costs, which amount to approximately $130,000 for each additional daily trip,” the study concludes.
The State of California is expected to collect redevelopment money from local governments by May to help close the budget gap, but the City of Richmond has stated that it cannot provide the $10.1 million the state has planned on taking.
East Contra Costa County residents express frustration over BART’s plans to extend the rail system to Antioch using self-propelled diesel battery rail cars (dubbed “eBART”) rather than providing the standard electric-powered BART service. The cost for constructing the eBART system to Antioch is approximately $462 million, versus $1.173 billion for traditional BART.
San Francisco Chronicle’s architecture critic John King discusses ideas for revitalizing downtown Orinda.
Radical plan would awaken sleepy Orinda – San Francisco Chronicle.
The City of Concord recently released the revised Draft Environmental Impact (DEIR) report for the Community Reuse Project, the proposed reuse plan for the Concord Naval Weapons Station. The DEIR is available for a 45-day review period.
The revised DEIR addresses the Preferred Alternative (Clustered Villages) as well as the Concentration and Conservation Alternative and the No Project Alternative.
The Concord City Council unanimously approved the Clustered Villages alternative as the Preferred Reuse Plan Alternative in January 2009.
The Contra Costa Times is reporting that the DEIR finds proposed redevelopment under any of the three studied development alternatives would result in significant impacts to traffic and air quality, even afer efforts to mitigate various impacts.
The proposed redevelopment would result in up to 12,272 housing units, 28,800 residents, 26,530 jobs, as well as a substantial amount of open space on the former U.S. Naval Weapons Station, next to the North Concord BART station.
The Contra Costa Transportation Authority has released a draft of the 2009 Countywide Bicycle and Pedestrian Plan (CBPP) for public and agency review. Public comments on the draft plan are being accepted until August 5, 2009.