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Johnson Wax Development Co

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CALIFORNIA | LOCAL
May 30, 1991 | JOHN SCHWADA, TIMES STAFF WRITER
The partnership that owns Warner Ridge, which has been struggling with the city over development on the 21.5-acre site, has offered another building plan as an alternative to continuing a lawsuit over the issue. But Councilwoman Joy Picus, who has led city opposition to the partnership's previous plans, Wednesday rejected the proposal as "plainly out of line."
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CALIFORNIA | LOCAL
September 26, 1991 | JOHN SCHWADA, TIMES STAFF WRITER
Developers of the Warner Ridge property are in default on a $43-million real estate loan and were accused in a lawsuit this week of violating federal racketeering statutes to obtain the money. The Warner Ridge developers have been in default since last October on the loan to finance the planned construction of seven mid-rise office towers on 21.5 acres in Woodland Hills, according to a lawsuit filed by Morgan Guaranty Trust of New York.
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CALIFORNIA | LOCAL
September 26, 1991 | JOHN SCHWADA, TIMES STAFF WRITER
Developers of the Warner Ridge property are in default on a $43-million real estate loan and were accused in a lawsuit this week of violating federal racketeering statutes to obtain the money. The Warner Ridge developers have been in default since last October on the loan to finance the planned construction of seven mid-rise office towers on 21.5 acres in Woodland Hills, according to a lawsuit filed by Morgan Guaranty Trust of New York.
CALIFORNIA | LOCAL
May 30, 1991 | JOHN SCHWADA, TIMES STAFF WRITER
The partnership that owns Warner Ridge, which has been struggling with the city over development on the 21.5-acre site, has offered another building plan as an alternative to continuing a lawsuit over the issue. But Councilwoman Joy Picus, who has led city opposition to the partnership's previous plans, Wednesday rejected the proposal as "plainly out of line."
CALIFORNIA | LOCAL
February 8, 1990
Los Angeles City Councilwoman Joy Picus outflanked a developer and possibly Mayor Tom Bradley by getting a measure killing commercial development at Warner Ridge in Woodland Hills signed into law by the city's acting mayor Wednesday only hours after Bradley left town. At Picus' request, Council President John Ferraro signed the measure zoning the 21.5-acre Warner Ridge property to permit only single-family homes. The measure received final approval from the council on Tuesday.
CALIFORNIA | LOCAL
June 20, 1990
A Superior Court judge is scheduled to hold a hearing today on a complaint by a developer who claims politically motivated city officials, led by City Councilwoman Joy Picus, wrongfully blocked his Warner Ridge commercial development. Developer Jack Spound and his partner, Johnson Wax Development Co., are suing the city for $100 million. They had sought to build an 810,000-square-foot commercial project on a 21.5-acre site between Warner Center and Pierce College.
CALIFORNIA | LOCAL
February 7, 1990
The Warner Ridge zoning controversy finally landed on Mayor Tom Bradley's desk Tuesday when the Los Angeles City Council voted 12 to 1 to approve a plan barring office buildings on the property. The vote ratified the initial council action of Jan. 24 allowing 105 single-family homes to be built on the property in Woodland Hills. Councilwoman Joy Picus, who represents the area and has opposed developer Albert Spound's bid to construct seven office structures on the 21.
CALIFORNIA | LOCAL
October 10, 1990
A Los Angeles City Council panel Tuesday voted unanimously and without debate to recommend approval of an ordinance permitting only single-family houses to be built on the controversial Warner Ridge property. The action of the council's Planning and Land Use Management Committee is part of Councilwoman Joy Picus' design to thwart plans for commercial development of the 21.5-acre site by the Spound Co. and its partner, Johnson Wax Development Co.
CALIFORNIA | LOCAL
July 25, 1991
The Los Angeles City Council on Wednesday rejected a proposal to ask a judge to work out a compromise settlement of the lawsuit between the city and the would-be developer of the 21.5-acre Warner Ridge site in Woodland Hills. Councilwoman Joy Picus, who represents the area, said the council decided in a private session that settling the lawsuit is premature. The partnership of Spound Cos. and Johnson Wax Development Co., owners of Warner Ridge, proposed the non-binding settlement process.
CALIFORNIA | LOCAL
September 24, 1992
The Los Angeles City Council approved Wednesday a development agreement for the Warner Ridge project in Woodland Hills, ending a seven-year legal and political battle. The 21.5-acre project, to be completed in two phases, will include a 690-square-foot commercial complex and 125 units of condominiums. The development agreement must be signed by Mayor Tom Bradley before developers can proceed with plans to break ground early next year.
CALIFORNIA | LOCAL
October 3, 1990 | JOHN SCHWADA, TIMES STAFF WRITER
Developer Jack Spound said Tuesday that he has a new plan to build a 690,000-square-foot, mixed-use project on Warner Ridge that would be 15% smaller than his original proposal. The plan, which Spound characterized as a compromise, calls for a project with 100 residential units. Some of those units would be designated as "affordable," which means they would be within reach of lower-income tenants, he said.
CALIFORNIA | LOCAL
July 9, 1991 | JOHN SCHWADA, TIMES STAFF WRITER
Superior Court Judge Kathryn Doi Todd refused Monday to rescind a $6,015 fine she imposed last month on the city of Los Angeles for filing what she described as a "frivolous" courtroom motion over Warner Ridge development. At a brief hearing, Todd refused to reverse her June 6 ruling, despite a plea from Assistant City Atty. Tony Alperin. Todd originally levied the fine after the would-be developer of the 21.
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