Tejon Ranch settles Climate Resolve lawsuit; Centennial to be net zero, add wildfire measures

TEJON RANCH CO

Settlement with Climate Resolve dismisses CEQA lawsuit with prejudice, allowing Centennial project to advance.
Centennial commits to net zero GHG emissions, 30,000 EV chargers, and incentives for 10,500 electric vehicles.
Project includes wildfire prevention measures, annual public reports, and a monitoring organization.
Centennial will have 19,333 homes (3,480 affordable) and 10.1M sq ft commercial/industrial space.

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