Brian Kimball Fletcher, whose great-grandfather was among several other local landowners who donated 135 acres to be used for the NTC in 1921, claims that the land transfer states that it was for exclusive use of the U.S. Navy Department as a site for a training station.
He maintains that when the Navy abandoned the center, ownership of the property remained with the heirs. Fletcher said he doesn't believe the property should be used for commercial development. City officials remain confident that Fletcher has no claim to the property.
Developer Corky McMillin Cos. has issued eviction notices to some 50 tenants of the former training center. The state Coastal Commission has already approved the plan to demolish the approximately two million sf of buildings at the facility. Another 1.5 million sf of existing structures will be incorporated into the development plan.
The overall plan, approved by the city last fall, calls for construction of two hotels with 1,000 rooms, 350 homes, parks and trails, and more than 1.5 million sf of commercial, office and educational facilities.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
