Truckee to consider economic analysis of Joerger Ranch
January 5, 2010
TRUCKEE, Calif. and#8212; The town may have to cull the heady development aspirations of a previous booming economy, meaning an oft-discussed project may take some serious scrutiny.
Truckee Town Council will consider an economic analysis of the 71-acre Joerger Ranch development near the airport at its Thursday meeting.
and#8220;Weand#8217;ll be providing an overall process as to how the analysis will be used to ensure Joerger isnand#8217;t damaging existing commercial business like in downtown, and isnand#8217;t competing inappropriately with other infill,and#8221; said Town Manager Tony Lashbrook.
As proposed, the development, quartered by the intersection of Highway 267 and Brockway Road/Joerger Drive, could add 485,000 square feet of commercial and industrial space.
While the plan for the property, which will ultimately give property owners zoning for development, has already gone through many iterations, the economic analysis could potentially change things again, Lashbrook said.
and#8220;Theyand#8217;re (the property owners) real interested in what the current and projected market picture is, so theyand#8217;re looking forward to more information as well,and#8221; Lashbrook said. and#8220;They may have to rejigger the plan before the (environmental documents) are finalized.and#8221;
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Thursdayand#8217;s agenda item will also outline a plan to involve the public in the planning process, Lashbrook said.
The meeting begins at 6 p.m., Thursday, Jan. 7, at town hall.