Tustin Legacy just lost its master developer, which was comprised of Shea Homes and Shea Properties II. For more details, see the article written by reporter, Elysse James, in the OC Register HERE.
What does this mean to homeowners and residents who live in the area (e.g., Columbus Grove, Columbus Square, Tustin Field I, Tustin Field II)? Well, for starters, all that vast, empty land that can especially be seen off Edinger and surrounding Columbus Square will continue to be that way for probably several more years.
So much for all the schools, roads, parks, etc. that were supposed to built and make the area so much more desirable. At least for the next few years.
As a homeowner in the Tustin Legacy neighborhoods, I'm now wondering whether the huge amount of property taxes that we pay to live here is now paying for empty land. Where is our money going now?
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