Scaled-Back Pebble Beach Development Gains Approval
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PEBBLE BEACH (AP) — A scaled-back development plan by a Clint Eastwood-backed group on a breathtaking swath of coastal real estate has cleared its final hurdle, after decades of environmental fights.
Tuesday, the Monterey County Board of Supervisors voted unanimously that Pebble Beach Co. does not have to build affordable housing near the same Del Monte Forest site where it will build up to 100 homes. The Monterey Herald reports (http://bit.ly/Mi4Yze) the company must help find another location for low-income housing and pay a $5 million in-lieu fee.
Last month, the California Coastal Commission approved the company’s development plan, which also includes a new, 100-unit hotel on the former site of Spyglass Quarry and the expansion of its current Lodge at Pebble Beach.
The compromise with coastal regulators ended the battle over the pristine land near the Pebble Beach Golf Links.
(Copyright 2012 The Associated Press.)