More than five years after first proposing the sale and development of more than 70 acres of prime, infill land in northeast Santa Rosa, Sonoma County appears poised to advance a sale of public land that could kickstart housing development long-envisioned for the area.
County supervisors on Tuesday afternoon will weigh seven offers, ranging from $5,000 to $7.8 million, for all or parts of the 72-acre Chanate Road property, site of the former county hospital and present offices for health agencies, the county morgue and some nonprofits.
Village Partners Investments, a Newport Beach-based development group, is the favored buyer and top bidder, putting forward an offer of $7,795,000, nearly $1.5 million more than the second leading bidder. But the top bid is still far less than what the county was prepared to accept four years ago, before local developer Bill Gallaher’s original $12.5 million purchase deal was derailed by a neighbor-led lawsuit.
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