Lennar Corp. Buys Newhall Land Company

In a stunning move, Newhall Land Company, one of California's largest land owners, agrees to be acquired by Miami-based Lennar Corp., the nation's third-largest homebuilder.

1 minute read

July 22, 2003, 7:00 AM PDT

By Chris Steins @planetizen

In a deal that would mean a massive shift of Southern California property, century-old Newhall Land & Farming Co. Ã¢ï¿½ï¿½ developer of the Valencia master-planned community and one of the state's largest landowners Ã¢ï¿½ï¿½ agreed Monday to be acquired for $990 million by a partnership based in Miami... The 120-year-old [Newhall Land Co.] is trying to develop a second master-planned community in the region, the 12,000-acre Newhall Ranch, which is the largest single housing development ever approved by Los Angeles County."

Thanks to Chris Steins

FULL STORY: Florida Firm to Buy Newhall Land Co.

Monday, July 21, 2003 in The Los Angeles Times

Housing California

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Cover CM Credits, Earn Certificates, Push Your Career Forward

Learn More

Advertise with us

Urban Design for Planners 1: Software Tools

This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.