Limoneira (LMNR) “announced its plan to explore the development of its Limco Del Mar Ranch into much-needed housing for Ventura County. This initiative underscores Limoneira’s commitment to addressing the critical housing affordability and supply crisis in the region in a manner consistent with its legacy relationship with the surrounding community. The plan to explore a development aligns with the urgent need for more housing in Ventura County, which has experienced a significant decline in housing production. Limoneira believes that infill development, such as the Limco Del Mar project, offers the perfect opportunity for efficient, balanced and well-planned development that will stimulate economic growth, create jobs, and contribute to vibrant livable communities.”
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