Homebuilder Says Santa Clarita Land is Better as Open Space Than, Say, For Homebuilding

A sign of these recessionary times, perhaps, that Pardee Homes is surrendering 900 acres as open space to the city of Santa Clarita. "City officials joined developers in Golden Valley Ranch to dedicate the largest expanse of open space in the city's 20-year history. The property is bordered by Placerita Canyon Road to the south, the Sand Canyon area to the east, the Placerita Canyon Nature Center and the Fair Oaks Ranch community to the north." [The Signal of Santa Clarita Valley]