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Turner68
It is a matter of ego "you think you can stop me from doing what I want"? Why else fight it for 10 years. There are lots of beautiful properties all over the world, no reason to obsess over this one.
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dcba
The Edge's defense : "I may destroy Mother Nature one acre at a time but at least unlike Bono I never shook Bush Jr's hand! So don't point your finegr at me!" ><
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Stones50Quote
dcba
The Edge's defense : "I may destroy Mother Nature one acre at a time but at least unlike Bono I never shook Bush Jr's hand! So don't point your finegr at me!" ><
Yes but he shook Obama's hand. What could possibly be worse?
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Munichhilton
Ridiculous to point out Dave when hundreds of other developers are destroying even prettier lands all over the US...since its Malibu these estates are destined to fall over, burn down, get mudslid and sink into the swamp...a non story
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Munichhilton
Ridiculous to point out Dave when hundreds of other developers are destroying even prettier lands all over the US...since its Malibu these estates are destined to fall over, burn down, get mudslid and sink into the swamp...a non story
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Munichhilton
Ridiculous to point out Dave when hundreds of other developers are destroying even prettier lands all over the US...since its Malibu these estates are destined to fall over, burn down, get mudslid and sink into the swamp...a non story
Yep. As if all the rest of the development in Malibu didn't happen.
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swimtothemoon
I wonder if he wears his stocking cap on the beach?
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Turner68
I predict they will never get built.
It does show how silly water management is in California. You have people taking fewer showers and digging up their lawns to save water as others are building massive swimming pools that will only be used one week a year and farmers are growing rice in the middle of the desert.
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NaturalustQuote
Turner68
I predict they will never get built.
It does show how silly water management is in California. You have people taking fewer showers and digging up their lawns to save water as others are building massive swimming pools that will only be used one week a year and farmers are growing rice in the middle of the desert.
Generally when someone has put enough money and resources to get as far as they have with this project, it will likely proceed as permitted and approved. If The Edge decides to pull out there are many developers who would be anxious to step in and finish the job. Building multiple residences on a single piece of real estate is still some one the best investment opportunities out there. The actual developing of the property is the easy part.
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Turner68Quote
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Turner68
I predict they will never get built.
It does show how silly water management is in California. You have people taking fewer showers and digging up their lawns to save water as others are building massive swimming pools that will only be used one week a year and farmers are growing rice in the middle of the desert.
Generally when someone has put enough money and resources to get as far as they have with this project, it will likely proceed as permitted and approved. If The Edge decides to pull out there are many developers who would be anxious to step in and finish the job. Building multiple residences on a single piece of real estate is still some one the best investment opportunities out there. The actual developing of the property is the easy part.
Sure but as the article points out, the approval process isn't anywhere near being finished. For example he still needs approval to build a road to the houses, and LA County and the City of Malibu have yet to weight in. As the article mentions the permit is for 5 years instead of 2 because it is anticipated the process will take so long. Perhaps he will end up building it, but generally a minority of such projects actually get built; just as often the land gets flipped to someone else for an enormous profit.