Final Environmental Document for South Valley High-Speed Rail Section Ready for Board Action

The California High-Speed Rail Authority and the Federal Railroad Administration (FRA) have announced the availability of the Final Environmental Impact Report/Environmental Impact Statement for the Fresno-to-Bakersfield project section of the California High-Speed Rail project. The Final EIR/EIS represents a comprehensive, project-level review of the section that runs approximately 114 miles from downtown Fresno to downtown […]

Presidio’s Venture with San Joaquin Valley Homes Adds 732 New Homes to Local Market

Presidio Residential Capital, headquartered in San Diego, working with Visalia-based development company San Joaquin Valley Homes, is investing $23 million to build five new communities in Tulare and Kings counties. The developments will add 732 new homes to the Valley’s rapidly expanding housing market. “The San Joaquin Valley is developing quickly, and this partnership allows […]

Fitch: Extreme California Drought Not Likely to Pressure Financial Ratings

Fitch Ratings expects California water and public power utilities to maintain strong operational and financial performance over the next year, despite the effects of the statewide drought. Fitch expects the statewide call for conservation will lead to a drop in water sales, which could impact water utilities in fiscal year 2015. However, most California utilities […]