On Tuesday night, Fountain Valley’s City Council voted unanimously to approve the Fountain Valley Crossings Specific Plan. The plan revolves around a zoning overlay that would affect 162 acres near the 405 freeway. The area is currently zoned for light industrial with some exceptions. The zoning changes would allow for a variety of uses including commercial and up to 491 residential units.
Many residents turned out for the meeting to voice their support and worries regarding the zoning change. The opposition cited traffic, parking, and environmental impacts as their concerns, while the supporters lauded the City Council for their forward thinking and addressing the need for housing in Fountain Valley.
Tony Capitelli, Government Affairs Director for the Orange County REALTORS®, addressed the Council with housing data for the city. He explained that a lack of new housing and an aging population leads to revenue losses for the city and crumbling infrastructure.
Realtors® Brian Genovese and Matt Cortez also spoke before the council. Matt illustrated that a lack of supply and rising prices will force people to leave the area, negatively impacting schools and the community as a whole. Brian showed his support for the zoning change by explaining that when a city does not look ahead to the future it will lose out to those who do.