Drive Shack Inc., the owner of Rancho San Joaquin Golf Course, announced on Monday, October 19, 2020 that they have sold the RSJ golf course to a private investment group for $34.5 million. Read the complete details
"Some of the [Cushman & Wakefield] sales material which was what first got our attention when this was brought to us by community members, stating things like the Council '...is examining other possible land use designations, which creates an opportunity to create value through further densification of [this] Site.'
That comes really, really close to being a fraudulent statement. That was not something this Council was considering on this site -- had never been presented to us. And so, if you're moving into a process based on a statement like that or a belief that that's where this Council is, the point of tonight is to say that's not where this Council is."
--Irvine Mayor Don Wagner, public comments made at the August 28th Council meeting