f the Price Canyon proposal includes all four properties, they would encompass more than 1,100 acres

on land now zoned as rural or for agricultural uses. The developers had put together a plan that included more than 650 homes, 160 hotel units and a nine-hole golf course on the four parcels. (A fifth property, called Spanish Springs North Ranch, will not be considered for inclusion at this time.) Developers are now revising plans for the area. The number of homes could increase to about 1,000, including a maximum of 360 senior units. The project also has 120 acres for recreational use, including public trails and the golf course, 260 acres of open space and more than 100 acres of vineyards and orchards.

HOMES, GOLF COURSE, TRAILS AND MORE IN PRICE CANYON I

Price Canyon project area

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SOURCES: Public review draft of Pismo Beach Municipal Services Review by the San Luis Obispo Local Agency Formation Commission; Dave Watson, a planning consultant for BHT II Pismo

1 SPANISH SPRINGS SOUTH RANCH
Acres/net developable acres: 471/160 Proposal: 125 residential units, 160 hotel units, 150 acres of vineyards (Number of residential units may increase to 150; hotel units may decrease to 100; vineyards may also drop to 100 acres) Owner: BHT II Pismo LLC*

2

GODFREY

3

BIG BIRD

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LOUGHEAD

Acres/net developable acres: 250/200 Proposal: 176 homes, nine-hole golf course, 20 acres ag land (Golf course would stretch onto South Ranch, covering 50 to 60 acres; number of residential units could increase to 250) Owner: BHT II Pismo LLC

Acres/net developable acres: 258/100 Proposal: 194 residential units (Plans are being changed to include a 100-room boutique hotel; number of residential units could increase to 200) Owner: Tim Lewy & Darren Shetler

Acres/net developable acres: 182/75 Proposal: 158 residential units (Plans may change to include 100 singlefamily homes and a maximum of 360 senior units) Owner: BHT II Pismo LLC

*BHT II Pismo LLC acquired three parcels — South Ranch, Godfrey and Loughead — in late 2010 and early 2011, said Stephen Hester of West Coast Housing Partners, LLC. West Coast Housing is a managing member, and developer John King of King Ventures is a partner. BHT II has an ongoing business relationship with Rick Loughead, who would retain ownership of a piece of the Loughead property after the approval process.

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