HMB inventories its real estate


Posted by on Sun, August 9, 2009

City of Half Moon Bay
City of Half Moon Bay

Half Moon Bay recently reviewed its real estate holdings to see if there was anything they could sell. Darin Boville took a copy of the city’s presentation on the properties it holds and linked the properties to Google maps.

You can see the presentation here, but if you want more detail about their locations, see Darin’s story at Montara Fog. There are five more slides after the jump.

City of Half Moon Bay

 

City of Half Moon Bay

 

City of Half Moon Bay

 

City of Half Moon Bay

 

City of Half Moon Bay

 

Troubling.  Is there an asset in there that isn’t touched by the California Coastal Commission that could be developed?

I’m not sure what you find troubling.

If I remember correctly, HMB is entirely within the coastal zone. But, the city has had plenty of development since the Coastal Act, so it’s not as if that has been much of an impediment to development.

The small vacant parcels don’t have much value to anyone unless you can utilize them for income or to advance government needs.

These properties lie dormant.  The question is, Are they being maintained so as to not create an eyesore or neusiance.  After all, private property owners are expected to keep their property clear or the city will bill them if the city has to clean up after them.

I think HMB returned a major property they could not maintain or service according to original trasfer to the city.

My impression is that there’s not much value there.

At least one property is a toxic dump site that was given to the cit.  At one point they were talking about returning it. Others are of little value because they’re not buildable. But I don’t know the details of all the properties.