Press Releases

Marina City Council Unanimously Adopts Resolution Accepting University Villages Development Project Master Plan Study Report

May 24, 2004

MARINA, Calif.-A Resolution of the Marina Redevelopment Agency was unanimously adopted and accepted by the Marina City Council acting as the Agency Board on May 18, 2004, allowing the University Villages Development Project Master Plan Study Report to move forward with the preparation of a specific plan and development application. University Villages is planned on the former Fort Ord and is under design as a multiple use, new neighborhood that will complement and establish the City of Marina as the Gateway to the Monterey Peninsula. The vision for this new neighborhood is a fully integrated, sustainable, pedestrian friendly place, incorporating residential, employment, shopping, visitor serving, entertainment and recreational opportunities.

Simon Whitmey, Project Manager for Marina Community Partners, commented, "Marina Community Partners and the City of Marina are committed to making this public/private partnership a success and working together to create this vibrant urban community. We are proud to be a part of this dynamic community and thank all the residents, business owners and concerned citizens that came to the City Council to voice their support and excitement about University Villages."

Doug Yount, Project Manager for the Marina Redevelopment Agency said, "This proposed development is a preeminent economic and community development program, through creation of a significant number and diversity of jobs, housing types, recreational opportunities, transit linkages, village centers, visitor destination uses, as well as a sense of place and source of fiscal resources to meet increasing demands and requirements for city services. In short, it is Marina's and arguably the region's premier development opportunity."

Marina Community Partners, an LLC, was formed by Shea Properties, Centex Homes and Shea Homes. Shea Properties has been successfully developing business parks and commercial/retail centers for 30 years and maintains relationships with national employers in the technology, retail and business sectors. Centex Homes, ranked as one of the top ten builders nationally for decades, pioneered the master planned community concept. Shea Homes, the largest privately held builder in the nation, is a California based subsidiary of the J.F. Shea family of companies established in 1881.

For more information about University Villages, visit www.marinauniversityvillages.com.

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