Once it is developed, it is gone forever!
If the El Dorado Hills Executive Golf Course (EDHEGC) is developed, it will remove one of the last truly open space areas from the El Dorado Hills environment. In short, once it is developed, it is gone forever.
Please note, about 11,000 residential units are either being built or planned to be built in EDH.
The current plan for development of the EDHEGC includes 123 single-family residences and 640 medium and high density residences. This will add between 1,000 and 1,500 cars to the Serrano Parkway-El Dorado Hills Boulevard intersection which will significantly impact traffic movement especially during commute hours.
Those of you who are strong property rights supporters and have or will adopt the position that Parker Development should not be stopped from developing the property as he sees fit. The strongest arguments against this position are that the property has been zoned open space for over 50 years and recently under the County General Plan. Parker Development has already profited from the development of open space, across from the current Serrano Golf Course, that was designated as open space under the El Dorado Hills Specific Plan.
We also know from previous blog articles that residential property in EDH has value in part because of amenities such as schools, parks and open space. Lots and houses are bought and sold based on this value. To rezone and take away a large piece of open space would have a significant impact. The value of all the residential property in the community would be diminished, a loss to all the current owners. In part, the increase in value to the Parker Company achieved through rezoning would come at the expense of other property owners.