Point Dume Land Possibly to be sold to Malibu Council
Malibu City Council are currently weighing up the pros and cons of the purchase of the 9.8 acre lot in Point Dume which is for sale at $4.9 million. The development of the lot into a new City Center is championed by many local residents who want better access to their local public services.
The council has been leasing the current City Hall site which houses the 17,000 square foot building since 2002 but the council says the site and building is no longer large enough and has been considering other proposals for some time. For instance the La Paz Project is one which the Planning Commission rejected but that the city council has yet to vote on. The lease on the current property runs out in 2017 but the council have an exit strategy which they can take in 2012 if they need to.
This would give time for the Point Dume property to be developed. The area is large enough for a new city hall, Sheriff Substation/City Library, emergency operations center and a teen center - a facility which many are excited about as it would give local teens and area where they could go after school.
Of course the proposals are all still undecided and it will be interesting to see how they develop.
If you are considering purchasing a property in east or west Malibu or in the Topanga or Point Dume areas then please contact Judy Kunisaki on 310-317-8396.
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