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City to talk terms again with Newhall developer

City to talk terms again with Newhall developer
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Source: The Signal
Date: 01/28/2026 7:00pm

Article Summary:
"Santa Clarita City Council Engages with Serrano Development Group for Downtown Newhall Project Amid Concerns"
The Santa Clarita City Council has authorized city staff to negotiate exclusively with Serrano Development Group for the sale of several city-owned parcels for a new 300-space parking structure, part of downtown Newhall's revitalization efforts. The proposed project, which includes a mix of parking, condos, and retail spaces, is expected to cost over $20 million, with concerns raised about the financial aspects of the deal and contributions from Serrano. City planners have six months to finalize negotiations, focusing on land pricing, project design, and mixed-use development plans.

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