Veteran Tejon Ranch Co. Real Estate Executive Joins Company To Head Centennial Project
29 Mars 2023 - 10:30PM
Tejon Ranch Co. (NYSE:TRC) announced today the hiring of Nathan
Keith as Senior Vice President of Real Estate. Keith was
instrumental in helping shepherd the Company’s Centennial at Tejon
Ranch mixed-use master planned community through the entitlement
process, leading to both the approval and successful litigation
defense of the Antelope Valley Area Plan (AVAP) in 2018 and the
Centennial Specific Plan approval by the Los Angeles County Board
of Supervisors in 2019. He has now rejoined the Company to lead the
Centennial project moving forward.
Keith first joined Tejon Ranch Co. in 2007 and rose through the
ranks to become Vice President of Real Estate. He left in 2021 to
join Williams Homes, a Santa Clarita, CA-based real estate
development and homebuilding company, where he served as Director
of Entitlements.
Keith rejoins Tejon at an important time following a recent
court decision requiring that additional environmental analysis be
conducted on two issues from the original Environmental Impact
Report. With Keith’s return to Tejon Ranch, the Company is
continuing its commitment to the Centennial entitlement and
development efforts. Tejon Ranch Co. and Los Angeles County will be
discussing the various options available to them in processing the
application to address the court’s ruling.
“We are absolutely committed to developing Centennial,” said
Tejon Ranch executive vice president of Real Estate, Hugh F.
McMahon, “and we are confident that Nathan Keith is the right
person to lead the effort going forward. Nathan has a wealth of
experience, knows the project intimately, as well as the needs of
the larger North LA County region. Nathan has earned the respect of
all those who have worked on Centennial over the years, both inside
and outside the Company.”
The community of more than 19,300 homes, including 3,480
affordable housing units, and 10.1 million square feet of
commercial and industrial space, is planned for an area of
northwest Los Angeles County identified in the AVAP as an Economic
Opportunity Area with appropriate zoning and land use designations
allowing for residential and commercial real estate
development.
CONTACT:Barry Zoeller, Senior Vice President,
Corporate Communications & Investor
Relationsbzoeller@tejonranch.com(661) 663-4212
Tejon Ranch (NYSE:TRC)
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