California

Tejon Ranch Master Plan & Asset Management Plan
Los Angeles & Kern Counties, California
Completed: 1983

Development of a concept and General Plan to guide physical development of the 285,000 acre Tejon Ranch in Los Angeles County for inclusion in the Kern County General Plan. Innovations include: a 50-year financial valuation program; detailed cost, revenue, and cash flow projections using some of the earliest computer modeling techniques; and one of the first customized residual land value estimates for a large-scale development plan.