After an environmental report is conducted on the property, located off Deer Valley and Balfour roads, Nunn says he will submit a formal application to the city. Once the project gets full city approval, Nunn will have to approach the county's Local Agency Formation Commission to move the city limit line. Because one-third of the site is located in Antioch's Future Urban Area No. 1 Plan, Nunn will ask the county to seek a variance that will allow the city to annex the land.

Earlier this year, city officials asked Nunn for a study that would provide numbers and information on the kind of financial benefits the development could potentially bring to the community. "The city doesn't want to build homes for the sake of building homes," Nunn told GlobeSt.com in January. "Residential developments are a fiscal drain on a city. But I think we have a strong argument here."

Nunn says that because it is a private development, the city would not have to dip into its coffers to cover police and fire services or maintain the roads. "The homeowners would pay for all of this," says Nunn, estimating that the project would cost the city less than $100 per home annually, compared to $200 to $300 per home in a public project. "This type of project is a different kind of animal," says Nunn. "The impacts are different. There are no school kids, so there will be no fees and less than 10% of the residents will be employed, so that minimizes traffic."