Written by The Business Journal Staff
After nearly 10 years of planning and a brief hiatus due to the recession, Quay Hays, the CEO of GROW Holdings, the developer of Quay Valley, says the step is a milestone on the journey to creating the modern community that he and several planners have envisioned for so long.
“We have a very large planning team that has been working on this for a number of years,” Hays said. “We made sure we had the top planners in the state and assembled a team of people who specialize in doing large-scale projects.”
Hays anticipates a scoping meeting with the county will take place in January 2017. At that meeting, Kings County staff is expected to issue a Notice of Preparation, which will officially launch the environmental review process required under CEQA.
If everything goes according to plan, Hays said the project should break ground by 2018, with homes in the first phase of the development welcoming tenants as soon as 2019.
“I think we’ll start moving dirt in 2018, and we can potentially begin turning the lights on for some of the early homeowners and a large portion of the companies and businesses for phase one by the end of 2019 or early 2020,” Hays said. “We’ve been maintaining the land over the years and a lot of the stuff that requires a long lead time is done.”
Located on 7,200 acres along Interstate 5, halfway between Los Angeles and San Francisco, Quay Valley will feature 22,000 smart, green, highly designed homes and 20 million square feet of commercial and industrial space expected to create more than 30,000 new jobs.
Phase One of Quay Valley will include 4,210 homes, destination retail, three themed eco-resorts, an adrenalin adventure sports park, cultural center and gardens, festival grounds, a regional sports complex, winery and spa, gated attractions, and a Hyperloop test track.