Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Greenbriar Sustainable Living Inc V.GRB

Alternate Symbol(s):  GEBRF

Greenbriar Sustainable Living Inc. is a developer of sustainable entry-level housing and renewable energy projects. The Company’s primary business is the acquisition, management, development, and possible sale of real estate and renewable energy projects. It operates through three segments: real estate development in the United States (Real Estate), solar energy projects in Puerto Rico (Solar Energy) and corporate headquarters located in Canada (Corporate). The Company is focused on building two large-scale projects, namely Sage Ranch in Tehachapi, California and Montalva in Guanica, Puerto Rico. Sage Ranch is a real estate community of over 995 entry-level homes in the Tehachapi Valley, a community located in southern California. Its Montalva property (1,747 acres) is a large utility-scale solar and battery storage building with an initial size of 80 MWac or 160 MWdc, located in the southwestern coastal area of Puerto Rico. Its Cordero Ranch property is located in Cedar City, Utah.


TSXV:GRB - Post by User

Comment by SvenVandeBroekon Jul 04, 2023 4:48pm
117 Views
Post# 35526330

RE:RE:Pumping and bashing

RE:RE:Pumping and bashing
shneps wrote: Tyler, you seem to be missing the fact that the City approving the PDP is not a significant milestone in Sage's approval. As long as the engineering and architectural aspects conform to the previously approved Master Development and meet the City's guidelines it is a done deal. "The company will now complete its concurrent effort to: a) Execute the Master Agreement with our General Contractor; b) obtain our sales approval from the California Department of Real Estate to accept non-refundable deposits, and; c) filing of our Precise Development Plan and all other permits to start construction. The Company wants shareholders to know these next steps are perfunctory in nature, meaning their approval is granted on following defined regulations and statutes. There is no more subjective or political hold-back. You follow the rules and the permits are issued." - August 17th 2021 GRB NR

"The Sage Ranch Project is anticipated to complete the environmental review, mapping and city approval process by summer 2019, with the first phase of development to follow soon after."
That was the project timeline from FOUR YEARS AGO.

That is not from the City being short staffed over the past few months.


Shneps, in 2020 there was the announcement of a new city planner:

https://www.theloopnewspaper.com/story/2020/02/01/local-news/meet-kim-burnell-tehachapis-new-city-planner/6427.html

Then a year ago, there was a vacancy for either a city planner or a senior city planner:

https://www.linkedin.com/posts/city-of-tehachapi_planner-senior-planner-planning-manager-activity-6932759638383755265-5hLy

Recently, another vacancy for a city planner was put online. Applications were accepted until June 21, 2023. Links aren't available anymore but this image shows Google's cache for some of them:

https://ibb.co/7tXZMQz

Surely/hopefully you can agree now that this is a tough position to fill which also (partially) explains the slow progress.

On a more general note: investors tend to look forward. Not backward. 
Four years ago, the median home price in California was around $550,000. Now it's close to $800,000.
<< Previous
Bullboard Posts
Next >>