Santa Clarita City Council OKs more condos for former speedway site
Santa Clarita City Council OKs more condos for former speedway site
Source: The Signal
Date: 11/11/2026 5:11pm
Article Summary:
Santa Clarita Approves 107 More Condos at Former Saugus Speedway Site
Santa Clarita’s City Council unanimously approved adding 107 condos to the Riverview development at the former Saugus Speedway, after the developer said it could not secure tenants for the planned industrial space. In exchange for dropping the city’s future claim to a 7.4-acre parcel, the developer will pay $1.6 million; officials also cited potential legal risks in rejecting the housing change.
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Date: 11/11/2026 5:11pm
Article Summary:
Santa Clarita Approves 107 More Condos at Former Saugus Speedway Site
Santa Clarita’s City Council unanimously approved adding 107 condos to the Riverview development at the former Saugus Speedway, after the developer said it could not secure tenants for the planned industrial space. In exchange for dropping the city’s future claim to a 7.4-acre parcel, the developer will pay $1.6 million; officials also cited potential legal risks in rejecting the housing change.
Read article here »