The Los Angeles County Board of Supervisors has approved the plan for Tejon Ranch’s master planned mixed-use residential community called Centennial in the northwest Los Angeles County section of Tejon Ranch.
The plan for Centennial includes 19,333 residential units and more than 10.1 million sq. ft. of commercial space. A full 18% of the housing units will be officially designated affordable units.
Centennial is part of the historic Tejon Ranch Conservation and Land Use Agreement that conserves 90% of Tejon Ranch property and limits development to only the 10% of the property that’s located in the western-most region of the ranch.
Located in the Western Economic Opportunity Zone designated in the Antelope Valley Area Plan and the Los Angeles County General Plan, Centennial is projected to create more than 23,000 permanent jobs on site and nearly 25,000 construction jobs.
In addition, Tejon Ranch made a commitment that at least 30% of the construction jobs will be filled by people living in the local area.