Wednesday, January 14, 2009

Ponte Vista prepares to re-tool development

The Contra Costa Times reports:

With Bob Bisno out of the picture, developers of the proposed Ponte Vista housing project in San Pedro say they are ready to launch a new push to find community consensus on a revised plan.

The 1,950-home development has been in limbo since late last year when Bisno, the head of the development team, was asked to step down.

Ted Fentin of Credit Suisse, Bisno's largest investor, is taking the lead in a move to find a compromise the community will accept.

"(He) is committed to working with you in developing a revised plan," development spokeswoman Elise Swanson told members of the Northwest San Pedro Neighborhood Council on Monday night. "There is a spirit of cooperation. We are moving forward with community outreach."

The project, likely in a revised form, is tentatively scheduled to go before the Los Angeles Planning Commission on April 9.

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