MORENO VALLEY, Calif., Nov. 25, 2015 (GLOBE NEWSWIRE) -- Iddo Benzeevi, President & Chief Executive Officer of Highland Fairview, the company that is developing the World Logistics Center (WLC) in Moreno Valley issued the following statement today following the vote late tonight by the Moreno Valley City Council:
“The Moreno Valley City Council heard the voters loud and clear, and so did we, they want the city to move forward with the World Logistics Center (WLC) project as quickly as possible, creating jobs, hope and opportunity for thousands of residents.”
Editor’s Note:
To learn additional details about the project, click here to read our previous press release. The WLC will create 13,000 brand new construction jobs and 22,000 permanent jobs at all skill levels from entry to high-level management. WLC means many Moreno Valley residents can leave their long commutes behind and take new jobs right here at home. That means more family time, less money spent on gasoline and car maintenance, less tedious driving, traffic jams and automobile emissions. As an important and related benefit, the WLC will generate $27 million a year in new local tax revenues which will pay for high quality, vital city services, especially police, fire, library, and parks.
The City Council initially approved the project and its related environmental documents. Subsequently, opponents of the WLC tried but failed to qualify a referendum to overturn the City Council’s initial approval. Supporters in turn obtained over 48,000 signatures to qualify measures to affirm and support the City Council decision to approve the WLC project.
An extensive Environmental Impact Report (EIR) that runs more than 10,000 pages and took over three years to complete was created for the project and circulated publically. The EIR analyzes in great detail every applicable environment impact related to the construction and operation of the WLC and concludes unequivocally that this project is an environmental winner for our community. In fact, the WLC’s 2,600 acre footprint will be one of the most sustainable developments of its kind, anywhere. WLC will employ the latest innovations in environmental design, water conservation, diesel and other goods-movement related technologies that exceed current regulatory standards. Moreover, the project will comply with all the requirements of the California Environmental Quality Act (CEQA) and all other applicable State and Federal regulations.
About Highland Fairview
Highland Fairview is a privately held full-service real estate development company specializing in large scale Industrial, Commercial, and Residential developments. The company is currently engaged in the development of world-class projects encompassing over 41 million square feet of buildings and facilities. In the Inland Empire region of Southern California, the Company is known for their 1.8 million square foot building which serves Skechers North American Operations Headquarters. This facility has been honored as the largest LEED Gold Certified building of its kind in the nation to ever have been awarded this distinction by the U.S. Green Building Council (USGBC).