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Letter to Editor: Will Developers Finish Finish Project They Start?

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Letter to the Editor: 

The Zillow blog reports home values climbed nationwide 5.7%; and, in the Los Angeles area 6%. But the blog also cautions some areas are already unaffordable with residents’ incomes contributing more and more to mortgage payments.

Los Angeles Times reported home prices on the rise also but called it “an unsustainable pace”. Last year, nationwide, the prices increased 11% and in Los Angeles 23%, according to the Times.San Francisco Chronicle reports sales of homes exceeding $1 million increased 7.8% over the last 12 months, but also cautions new home sales fell 14.5% last month. 

The somewhat convoluted statistics and reports make me concerned when I see new development occurring in our hillside areas. With the cost of developing these hillside properties that include expensive environmental impact reports ($100,000 +) delay in grading to review sensitive areas, water delivery costs, sewer lines and review of endangered species I wonder about the ability of developers in our area to finish the projects they start. Not to mention selling these homes with interest rates rising and the expectation they will continue to rise in the coming year.

The land in San Dimas proposed for development by NJD I understand is back and on its way for approval. As you may recall this is the same developer that wanted to do a land swap to build 300 new homes at what is now the Glendora Country Club. The Glendora Country Club  was proposed to be located within the Glendora foothills.

The Gordon Mull property is also being considered again for development of 18 homes. I know ultimately these areas may be built out. But in this volatile market, I would hate to see the projects begin, lose steam and fail because of the high cost of development and high interest rates leaving our mountains deeply scarred. 

There may not be much more “Pride of the Foothill” lift. Glendora is a special place and I would encourage my fellow Glendora-ans to let your elected officials know we want to keep Glendora “Pride of the Foothill.” 

Sincerely, 

Mrs. Silvia Bettea
gsuburban May 07, 2014 at 10:51 AM
By the way where is all the water infrastructure improvements and repairs the city said was in dire need of attention by way of huge water billing increases? It's been at lease ten years since they began reverse engineering our water billings for revenue regardless of how much water is consumed. I've seen no major improvements yet.
mark Smith May 08, 2014 at 10:07 AM
Reverse billing now that's a good analogy of what really happened to the price of water being sold to some Glendora water customers, in reality 3 other water companies sell water to Glendora residents. Up grades to Glendora's water system centered on large reservoirs and large transfer pipes between these storage tanks, the smaller customer delivery pipes were only repaired as the water gushed up on the surface of the road ways through out Glendora.
mark Smith May 10, 2014 at 11:15 AM
With more legal problems for Athens Services looming in court the city of Glendora is about to sign another long term trash hauling agreement, what does this say about those working for Glendora and their fiduciary obligations or ethical standards. Why would anyone become entangled with a company that has repeatedly been sued for serious ethical breaches of California and Federal laws?
Gloria May 13, 2014 at 01:22 PM
Why oh why doesn't Glendora PUT THE TRASH HAULING CONTRACT OUT FOR BID instead of renewing Athens contract year after year, after year? What do we have to lose, except maybe lower cost? What promises were made? What does the City owe Athens? Follow the money: Kickbacks?
mark Smith May 13, 2014 at 06:43 PM
This is an invitation to all who want to as their elected officials and those non elected city hall bureaucrats those very same questing, "why they don't put the open bid out for the cities trash hauling contract. Tuesday May 13, 2014 - City Hall. Glendora Avenue and Foothill Blvd. Meeting starts at 7:00 P.M. but come earlier.

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