Development agreement
North Canyons, Simi Valley, CA
5/ 5
Prime signal
Bedrock impact score
Action type
Development agreement
Asset class
Multifamily / Residential
Status
On municipal record
Filed
2026-08-26
Jurisdiction
Simi Valley, CA
Days on record
3 days
01Investment highlights
Why this deal matters
- Development agreement in Simi Valley, CA · Multifamily / Residential
- Bedrock impact score 5 of 5 — Prime signal
- This is a complete, multi-action entitlement package on 160+ raw acres being brought into city limits for the first time
- A rare greenfield opportunity signaling a large-scale new residential community is moving toward approval.
- On the municipal record 3 days (filed 2026-08-26)
02Deal summary
The rationale
This is a complete, multi-action entitlement package on 160+ raw acres being brought into city limits for the first time — a rare greenfield opportunity signaling a large-scale new residential community is moving toward approval.
SVJV Partners, LLC is seeking a full entitlement bundle — Annexation, General Plan Amendment, Pre-Zoning, Planned Development Permit, Tentative Tract Map, and Development Agreement — to annex and subdivide an approximately 160.32-acre site known as North Canyons in Simi Valley, CA for a residential subdivision.
03Deal facts
The filing record
- Jurisdiction
- Simi Valley, CA
- Action type
- Development agreement
- Asset class
- Multifamily / Residential
- File number
- #DA-2026-0001
- Applicant
- SVJV Partners, LLC
- Status
- On municipal record
- Filed
- 2026-08-26
- Days on record
- 3 days
05Record timeline
Filing to current status
- Filed with jurisdiction2026-08-263 days on record
- Scored by BedrockRelevance 5 / 5Automated land-use signal
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