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Norwalk council approves disposition and development agreement for former California Youth Authority site
Summary
Norwalk city council adopted Resolution 24-62 on Dec. 17 approving a disposition and development agreement (DDA) with Lewis Land Developers for the property at 13200 Bloomfield Avenue, commonly known as the former California Youth Authority (CYA) site.
Norwalk city council adopted Resolution 24-62 on Dec. 17 approving a disposition and development agreement (DDA) with Lewis Land Developers for the property at 13200 Bloomfield Avenue, commonly known as the former California Youth Authority (CYA) site.
The DDA sets a purchase price of $20,300,000 and requires that “at least 40% of the total number of all residential units” on the site be constructed as affordable housing, city staff said during the presentation. The agreement also calls for infrastructure work to be completed by the developer within 18 months after close of escrow and references previously certified project entitlements and…
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