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News & Publications >> Press & Media >> The Scariest Land-Use Issue For Investors

The Scariest Land-Use Issue For Investors

Heather S. Riley in GlobeSt

GlobeSt.com (March 23, 2017) Since the Newhall Ranch case, every jurisdiction is still figuring out how to analyze greenhouse gases, and until San Diego County develops a universal process, investors will be skittish, Allen Matkins’ Heather Riley tells GlobeSt.com. Depending on where your project is in San Diego, each town has a checklist for putting it through the process. They want it done; they have a system that’s reliable and know it works. Carlsbad just put out a checklist. But the County is really struggling to figure out how they’re going to approve projects. If you’re looking for land development, the fact that jurisdictions don’t quite know what they’re doing is scary to investors. Each project may have to go its own way. It’s a very good idea that isn’t yet being implemented in the best way yet.