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Easton, 6,400 Acres to be developed near Sacramento

GenCorp has been master planning for a community called Easton.

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Easton in Sacramento and Folsom to be Developed as Office, Industrial, Retail and Recreational Development

SACRAMENTO-A 2,300-acre tract of land in Sacramento and Folsom, CA that is part of a larger master-planning process has been released from an environmental order by the California Department of Toxic Substances Control. The landowner is Aerojet, a subsidiary of locally based and publicly traded GenCorp, technology-based manufacturer of aerospace and defense products and systems with a real estate business that deals in its excess land holdings.

The land is part of a 6,400-acre tract of land that GenCorp has been master planning for a community called Easton. Easton will include housing as well as office, industrial, retail, and recreational uses, according to the company’s most recent annual report. Within that total are separate developments called Rio del Oro, Glenborough at Easton, Easton Place, Westborough and Hillsborough, as well as an office park and auto mall development and other uses.

For its 2,700-acre Rio del Oro mixed-use project, GenCorp said in December that it expects to have a final Environmental Impact Review (EIR) and Environmental Impact Statement ready for approval by the City of Rancho Cordova this year. The plan includes 1,920 acres for residential, 521 acres of commercial and 1,236 acres of open space. A development agreement with the city is under negotiation.

SOURCE: Globe Street

Edited by Carolyn Allen, owner/editor of California Green Solutions
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