The California Coastal Commission yesterday issued a coastal development permit (CDP) to Dana Point Harbor Partners to begin construction on the redevelopment of our marinas. In our continuing collaboration with Coastal Commission staff, we were notified today that Bellwether Financial (the marina developer under Dana Point Harbor Partners) satisfied the 15 special conditions that were required to be met before construction could commence. This means there are no more regulatory hurdles for DPHP to clear before proceeding.
Note: In its conditional CDP approval last fall, the Coastal Commission attached 28 special conditions to the permit. 15 were required to be satisfied prior to construction. All 28 will require ongoing monitoring and compliance for the duration of the project. To see all of the special conditions, read the Coastal Commission staff report here.
This is a rapidly developing story, and we will provide updates as we learn more, including an estimated construction schedule.