Panel Approves Project Near Malibu State Park
The Los Angeles County Regional Planning Commission Wednesday approved a 600-unit apartment complex near Malibu Creek State Park, rejecting arguments that it would harm the park’s rural atmosphere.
Commissioners voted 5 to 0 to grant a “density bonus” to the Lincoln Property Co. to allow the Van Nuys firm to seek county bond financing for the $50-million development. Its 53-acre site is a mile south of the Ventura Freeway on Las Virgenes Road, a few hundred feet north of the park.
If bond financing is approved by the Board of Supervisors, 120 units will be reserved for low- or moderate-income families. Lincoln officials said county guidelines allow families of four to qualify for a monthly rent of $519 on a two-bedroom unit if the family has an annual income of no more than $28,800. Unsubsidized rents for the project would run about $700 a month.
In June, supervisors approved another subsidized 698-unit development on Las Virgenes Road, one mile north of the freeway.
Residents of the Malibu Canyon Park section of Calabasas who protested that project are among homeowners opposing the Lincoln development. They joined residents of the Monte Nido area and officials of the Las Virgenes Homeowners Federation in claiming that the Lincoln project will affect the parkland.
But Mike Sondermann, Lincoln’s managing general partner, said his company will landscape the project heavily with mature trees that will serve as a buffer between the two-story, tile-roofed buildings and the park.