Thursday
April
17
2014
5:54 am
Weather
  Home
  Local News
  State / National / World
  Sports
  Opinion / Letters
  Business
  Arts / Entertainment
  Lifestyle
  Obituaries
  Calendar
  Submit Event
  Comics / Games
  Classifieds
  DJ Designers
  Archives
  Advertise With Us
  About Us
 
 
 
 

Check out our archive of Dining Guides - Yum!

Sale of San Juan properties finalized
October 03, 2013, 05:00 AM Daily Journal Staff Report

Belmont finalized the sale of the 8-acre city-owned Bishop Road property for a little more than $2 million yesterday with an arrangement to dedicate six of the acres back to the city as open space that will be open to the public.

The Belmont City Council authorized the purchase of 87 vacant parcels, comprising approximately 35 acres, back in December 2009.

The land was offered at auction by the U.S. Marshals Service and was acquired by the city for about $1.5 million.

“This sale represents a significant milestone for the preservation of open space in the San Juan Hills Area,” said City Manager Greg Scoles.

The new property owners, Shikui Chen and Jie Yan, have indicated they will be moving quickly to process a parcel map which will then create three single-family residential lots on 2 acres and the required open space dedication, according to city staff.

The property can be seen at www.bishoproadland.com and www.belmontland4sale.com. An aerial video of the property can be viewed at www.belmontland4sale.com/videotour.html.

 

 

Tags: property, acres, space,


Other stories you might enjoy:

Election Journal
School director leaves post after medical battle: Christopher Mahoney says he is on the road to recovery, ‘right time to step aside’
Fiesta Gardens dedicated after renovation
 

 
Print this Page Print this Page  |  Bookmark and Share
<< Back
 
Return To Archives
 
  


 
 
 
Daily Journal Quick Poll
 
How confident are you about the state of the U.S. economy?

Extremely confident
Confident
Somewhat confident
Not confident at all

 

 
 
 
 
 
 
 
 
  
 
  
 
©2014 San Mateo Daily Journal
Redwood Shores news