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Rose Equities has expressed an intent to retain ownership of the property after the project is completed. However, Rose Equities could sell the property at any time before, during, or after construction of the project. The City has no ability to prevent a land sale by a property owner.
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The project is being proposed by the owners of the three properties: Rose Equities, Garden Communities, and the Nasch family. The application is expected to be filed by a representative of these owners. The project is not sponsored or funded by the City of Westlake Village.
Information about some of Rose Equities’ other properties is available on its website at www.roseequities.com. Information about some of Garden Communities’ other properties is available on its websites at www.gardencommunitiesca.com and www.gardencommunities.com.