Business View Magazine | February 2020

169 BUSINESS VIEW MAGAZINE FEBRUARY 2020 City Ventures Is California’s Leading Builder of Solar- Powered Homes City Ventures entered into a multi-year partnership with the City of La Habra to accomplish the following goals – redesign and modernize the City’s Civic Center, revitalize La Habra Boulevard, and bring new for-sale housing to the Downtown La Habra. Ultimately City Ventures helped the City acquire and finance the construction of a new City Hall building across the street from their old City Hall building which then made way for 71 new for-sale solar-powered homes on the old City Hall site. Construction on the new City Hall was completed in early 2017 and construction of the new residential community commenced in summer 2017 and was completed by late 2019. However, the process started in 2013 when City Ventures was invited by the City to evaluate the Civic Center and make recommendations on how to enhance the underutilized area. That process led to numerous conceptual site plans and associated detailed financial analysis. After months of study and planning the City Council approved a Disposition and Development Agreement (DDA) in 2015 to greenlight the transformative multi- parcel project that allowed the city to move into a modern building and expand their operations from 21,000 to 47,000 square feet, bring 62 attached townhomes and 9 detached single family homes to the downtown, and enhance numerous other public facilities in the Civic Center such as the Police Department, Community Center, Lions Park, and Veteran’s Hall. This public/private partnership occurred after the dissolution of the Redevelopment Agency and took creativity, entrepreneurial thinking, and patience from all parties to bring the project to a successful fruition. ...... For more information, please visit our website www.CityVentures.com residents and the business community.” In the two or three years before the General Plan update was completed, Ferrier says that the development community was paying close attention to the process, using it a basis to formulate their own plans for where and how residential, commercial, and office space development could occur. “And since we finished the whole process, we’ve started to see a lot of new residential development happen around town,” he notes. “I think we added about 500 units in the past three or four years, with a good mix of different types – there are some apartments, there’s some single-family, there are some townhome projects in there. And we’re seeing development along some of the corridors where we wanted to see it occur.” “For example,” he continues, “Fairfield Residential, which is a big developer that does a lot LA HABRA , CAL I FORNI A