Tag archive

property

Sonoma County Selects Village Partners As Top Bidder For Chanate Road Property

in Housing

Santa Rosa, CA – October 14, 2020 – The Sonoma County Board of Supervisors today voted to select Village Partners, LLC as the high bidder to purchase the 71-acre Chanate Campus property, the former home of Sutter Hospital, for nearly $7.8 million.

“I’m thrilled that the board is moving forward with this bid by Village Partners,” said Susan Gorin, Chair of the Board of Supervisors. “We believe that we have secured the best deal possible for Sonoma County taxpayers, and while our Board is only approving a land sale and not the development, we do hope to see this property used to address Sonoma County’s housing shortage.”

Continue Reading on Patch

Sonoma County poised to sell troubled Chanate Road campus after legal battle, other delays

in Business
A guard with Securitas checks on the old entrance to Community Hospital on Chanate Road, Monday, Oct. 12, 2020 in Santa Rosa. (Kent Porter / The Press Democrat) 2020

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.

Continue Reading on Press Democrat

Go to Top