Timeline
2010 to Now
Kosmont Financial Services to issue report.
CPP selects Kosmont Financial Services to prepare report on the public options available to the university.
CPP issues RFP for financial consultant to explore public financing options to enable to the development of the property.
CPP and ERG agree to pause negotiations as financial market conditions changed due to the pandemic.
CPP and ERG negotiate terms to develop and finance the project.
CPP selects Edgewood Realty & Greystar as new master developer.
RFP Addendum #5 Issued.
RFP Addendum #4 Issued.
RFP Addendum #3 Issued.
RFP Addendum #2 Issued, and RFP Interested Parties List Posted.
RFP Addendum #1 Issued.
Request for Proposal Issued.
Restart Master Developer Procurement Process.
Initial Master Developer Withdraws
Cal Poly Pomona was engaged in discussions with FivePoint as a master developer to partner in revitalizing the former Lanterman site into a thriving live, learn, work, and play community. However, FivePoint informed the university that it could no longer serve as the development partner, due to senior leadership changes within its organization.
CPP retains jurisdiction of property
Cal Poly Pomona informed the CSU Board of Trustees of the decision to retain and develop the Lanterman site and said the campus would issue a Request for Qualifications/Request for Proposals to engage a master developer or team of developers to partner with the campus.
The CSU sent a letter to the Department of Finance indicating that it would retain jurisdiction of the property in support of its higher educational mission.
HOK selected to advise on feasibility
Cal Poly Pomona selects HOK Inc., a predevelopment real estate firm with national and international experience in land-use issues, to advise on the feasibility of developing the Lanterman property. [3]
[3] https://www.cpp.edu/news/content/2017/01/university-selects-predevelopment-firm-for-lanterman-property/index.shtml
Urban Land Institute releases study
The Urban Land Institute, retained by Cal Poly Pomona, released a preliminary study of findings and recommendations for the Lanterman property with a focus on historic preservation, housing potential, financing and pertinent approaches to development.
MOU executed
The California Department of Finance and the CSU executed a Memorandum of Understanding (MOU) indicating the intent to transfer the Lanterman property to the CSU to support its educational mission and stating that the CSU will undertake development planning of the Lanterman property.[4] The Department of Finance agreed that the university could assess the site and determine by September 1, 2017 if it could be developed given the historical district constraints.
[4] https://www.cpp.edu/lanterman/pdfs/pages-from-july-24-2018-fin.pdf
Jurisdiction of property transferred to CSU
Jurisdiction of the Lanterman Development Center property was transferred from the State Department of Development Services to the California State University to further the mission of Cal Poly Pomona. [5]
[5] https://www.cpp.edu/lanterman/pdfs/csu-letter-to-ca-dof.pdf
Chancellor authorized to negotiate MOU
The CSU Board of Trustees authorized the chancellor to negotiate and execute the terms of an MOU with the state to accept interest in nearly 300 acres of real property, known as the Lanterman Development Center.
Lanterman Development Center Closed
The California Department of Developmental Services closed the Lanterman Development Center.
State declares Lanterman surplus property
The State of California declared the Lanterman property to be surplus state real property, and the Department of General Services (DGS) was authorized to transfer jurisdiction of the land to a state agency that would use the property responsibly to serve the best interests of the state.[6]
[6] http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201320140SB944
State holds hearings on closing Lanterman
The California Department of Development Services held public hearings on the recommendation to close the Lanterman Development Center.