River Islands At Lathrop
Plan
The developer is the Cambay Group of Walnut Creek, California which is an American subsidiary of Somerston Holdings Limited of the United Kingdom. Plans call for the completion of 15,000 homes, a town center, business parks, and recreational areas over a 25-year development period. In 2011, the developers stated construction of homes would not begin until late 2013 or early 2014 at the earliest."
In October 2011, Banta Elementary School District approved the purchase of a 30-acre site within River Islands in Lathrop for construction of a k-8 charter school. The 450-student technology school was proposed to open in August 2013 with an eventual expansion for a high school and college.
In 2018, the Tri-Valley–San Joaquin Valley Regional Rail Authority indicated its plan to run trains to River Islands as the Valley Link service's initial terminus.
History
The project was initially proposed in 1996 as a "mega resort" called Gold Rush City with theme parks, golf courses and private homes. After substantial criticism about building within a flood plain, the plan was changed to a planned community surrounded by wide levees.these levees go by "Super levees", the district protecting part of Manteca, Lathrop east of the San Joaquín River, French Camp, and Stockton’s Weston Ranch neighborhood is working toward a $270 million solution to upgrade to 200-year protection level as early as 2030. Since being proposed in 2001, the development has been delayed several years due to lawsuits, concerns about flooding, environmental impact issues and a downturn in the housing market. To address the issues of flooding, plans call for 18 miles (29 km) of 300-foot-wide (91 m) levees to surround the community. In 2003, Cambay Group settled lawsuits by the Sierra Club by establishing an $8.2 million trust for the protection of local farmland. In 2009, the development company stated that construction would be further delayed because of the downturn in the housing market.
Location
River Islands was purchased by the Cambay Group Of Walnut Creek, California from the Dell'Osso Family Farm, which is right off of Interstate 5, and near 120 W. But the developers of the housing community started construction just 2 miles back with a convenient connector named "Steward Road". Which requires merging onto a bridge and onto I-5.
Average Costs
In 2024, The average home in River islands is looking at about $850,000 at base prices.
Citations
- ^ Wyatt, Dennis (May 6, 2011). "The bridge to the future - River Islands bridge work starts in July". Manteca Bulletin. River Islands at Lathrop. Archived from the original on 6 October 2011. Retrieved 22 October 2011.
- ^ Campbell, Jason (20 March 2018). "River Islands prepares to build 1,180 more homes". Manteca Bulletin. Archived from the original on 20 March 2018. Retrieved 19 April 2018.
- ^ Dennis Wyatt, "River Islands eyes 2011 start date," Manteca Bulletin, August 26 2009
- ^ Rizzo, Denise Ellen (October 15, 2011). "Banta trustees approve tech charter". Tracy Press. Retrieved 22 October 2011.
- ^ [1]. Tracy Press, Sep 22, 2011.
- ^ Wyatt, Dennis (23 June 2018). "VALLEY'S 1ST TRANSIT VILLAGE?". Mantecca Bulletin. Retrieved 1 July 2018.
- ^ "River Islands project delayed 1 year," Anna Kaplan, Stockton Record, October 11 2007
- ^ "RIVER ISLANDS : WHAT 200-YEAR FLOOD PROTECTION LOOKS LIKE". www.mantecabulletin.com. Retrieved 2023-11-28.
- ^ Davis Read, "Lathrop OKs River Islands," Tracy Press, January 29 2003
- ^ Cheryl Winkelman, "Developer fattens up levees, blends them in," Tri-Valley Herald, March 1, 2007
- ^ "Interstate 5", Wikipedia, 2024-08-11, retrieved 2024-08-12
- ^ "California State Route 120", Wikipedia, 2024-07-25, retrieved 2024-08-12