River Terrace is a 26-acre project located within the City of Lompoc, in the County of Santa Barbara, California. The project contains two commercial lots at the project entrance and a total of 308 residential units composed of 62 detached single family homes, 65 attached three story townhomes, and 181 attached condominium flats. The project also includes a recreational center for the residents, two commercial buildings and a number of open space corridors, park and a resident community garden.
River Terrace was approved by the City of Lompoc City Council on August 8, 2005. The project requires that fifteen percent of the dwelling units be at affordable prices. Final engineering for the first phase has been completed, plan checked, and approved. Environmental permits have been obtained. All approvals are current.
The project is ideally located at 1701 E. Laurel Avenue, just one block north of the intersection of scenic Highways 1 and 246.This intersection is the major entry to the City of Lompoc. From the site, commuters will be able to drive either Highway 1 or 246 to the Vandenberg Air Force Base, Santa Barbara, Goleta, Solvang, and Buellton.
The project was located in Lompoc’s redevelopment area. The adjacent uses are single family homes to the north, light industrial to the west, the Santa Ynez River and River Park to the east, and light industrial to the south. New development in this area includes a Home Depot located just 1 block south of the project. Lom- poc’s new 80 million dollar hospital is just 2 blocks away from River Terrace. The Santa Rita Wine Center and Boutique Hotel are both approved by the City and currently planned for development directly south and adjacent to River Terrace in the former Grefco plant.
The site’s topography is composed of two large, relatively flat areas just west of the Santa Ynez River. The lower elevation is located within the 100 year flood plain. However, the Federal Emergency Management Agency (FEMA) has issued a CLOMR-F letter based on the approved grading plans which require that the lower level be raised approximately 7 feet. This will bring the development entirely outside of the flood plain. The elevation of the lower level has received imported soil which has been stockpiled from several sources, mainly from the County of Santa Barbara. This work is authorized by the City.
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