Cheers to City of Costa Mesa for Making a Serious Offer to Buy te OC Fairgrounds Property from the State of CA

I like the idea that the City of Costa Mesa has made a serious offer to buy the Orange County Fairgrounds property from the State of California.

 

The OC Fair and other activities there have always been good for the people of the city and county and for business in general.

 

The 150-acre fairgrounds site has an unknown commercial value, and the state has estimated the sale should bring at least $96 million.

 

The city and the County of Orange previously made bids to buy this property, and other bids were from private developers, all rejected by CA state in March 2010.

 

Let's cheer for the City of Costa Mesa in this effort to buy the OC Fairgrounds, see how this works out and whether it can get the financing together. 

 

See Daily Pilot article, April 21, 2010 - $96 Million Offered for Fairgrounds - click here.

 

 

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Harrison K. Long, REALTOR® & broker, Explore Group, Coldwell Banker Previews, Irvine, CA.  CA DRE #01410855.  ExploreProperties@gmail.com.  Lawyer member, California State Bar Association #69137.  National Association of Realtors, California Association of Realtors, and Orange County Association of Realtors.  Current Chairperson of Local Government Relations south committee at OCAR.org.  Newport Beach and Irvine area Realtor, broker agent and property information source. 

Good public policy was behind this effort by the City of Costa Mesa.  Cheers to the City in this effort to buy the OC Fairgrounds.  Let's see how this works out and whether Costa Mesa can get the financing together to make it work.

Posted via email from Explore OC Homes