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Sign in Sign up for a FREE subscriptionMonterey County 891-acre ultra-luxury residential project green lit
The board of supervisors of Monterey County, California held a hearing on the final approval of the ultra-luxury residential project, ONE Carmel. The county supervisors voted 5–0 to give the project the green light, bringing new development and opportunities to the last piece of land in the Carmel Valley that has waited for 30 years.
ONE Carmel is an 891-acre premium real estate development project in the San Francisco Bay Area on the West Coast of the United States. The project plans to develop a premier community with 73 ultra-high-end residences in the Carmel Valley, with an average area per residence of 4.38 acres.
In 2017, DLC Capital Partners (a related company of DL Holdings) purchased the 891-acre “September Ranch” from the Morgens family and changed its name into ONE Carmel. The Morgens family has owned this land in the Carmel Valley since 1966. The Morgens started an application of development of the land in the 1990s and received a planning permission
