Extension sought for proposed property development in Stockton
The Delta Cove project would extend both Trinity Parkway and Otto Drive to make way for more than 1,500 new homes on undeveloped land north of Stockton.
STOCKTON, Calif. — Organizers of a major residential and commercial development project approved for North Stockton have requested another contract extension, according to city documents filed Friday by the AG Spanos Companies show.
The Delta Cove project, first approved by Stockton City Council in 2010, would extend Trinity Parkway and Otto Drive, developing on empty land currently held by AG Spanos Companies, a leading construction and development company in Stockton.
The 360-acre site is located just beyond the southern dead end of Trinity Parkway and is surrounded by Mosher Slough to the west and south and Bear Creek to the north.
The development plan on the large lot would force the extension of Otto Drive and Trinity Parkway and the completion of the dead end bridge at the end of Trinity Parkway.
In city filings, the land’s owner and developer, AG Spanos Companies, said the Delta Cove project would consist of a 280-unit condominium project and a new 1,545-unit residential community with parks, open spaces open and commercial use.
Renderings and maps provide insight into the Delta Cove community offered by Stockton
AG Spanos Companies is requesting a 15-year extension to the development agreement with the City of Stockton with the possibility of a further 5-year extension in the future.
Since the initial approval of the project by Stockton City Council over a decade ago, AG Spanos Companies has filed several extensions on individual cards for the project.
In a recommendation filing, City of Stockton staffers say the company has exhausted all possible extensions for individual cards. Without approving the development agreement extension as a whole, the city’s agreement with the company to develop on the land was set to expire on September 9.
“The development agreement is in the best interest of the city as it would promote residential, commercial and recreational development and the employment opportunities associated with these uses,” city staffers said in their filing recommending extension approval. “The community will benefit from the completion of the project through new infrastructure improvements, new jobs, housing opportunities and civic amenities including trails, parks and schools.”
According to city staff, a public virtual meeting was held on August 10 to discuss the proposed extension of the agreement and five citizens showed up to raise questions about the status of the project, but did not object to the extension request.
The request for an extension to the project agreement is expected to be presented to the Stockton Planning Commission at its September 22 meeting where the commissioners will vote on whether to approve the extension.
ABC10 contacted AG Spanos Companies for comment on Saturday, but did not immediately respond.
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