Plan amendment

West of Tapo Canyon Road, East of Copperstone Lane, North of Anderson Drive and Ditch Road, Simi Valley, CA

On municipal recordSimi Valley, CA
5/ 5
Prime signal
Bedrock impact score
Action type
Plan amendment
Asset class
Multifamily / Residential
Status
On municipal record
Filed
2026-08-10
Jurisdiction
Simi Valley, CA
Days on record
19 days
01Investment highlights

Why this deal matters

  • Plan amendment in Simi Valley, CA · Multifamily / Residential
  • Bedrock impact score 5 of 5 — Prime signal
  • A full five-instrument entitlement modification on a 1,770-acre master-planned residential project signals potential lot-count, density, or land-use changes that could reshape comp values, absorption timelines, and competitive supply across the Simi Valley/Tapo Canyon corridor.
  • On the municipal record 19 days (filed 2026-08-10)
02Deal summary

The rationale

A full five-instrument entitlement modification on a 1,770-acre master-planned residential project signals potential lot-count, density, or land-use changes that could reshape comp values, absorption timelines, and competitive supply across the Simi Valley/Tapo Canyon corridor.

Simi Valley City Council public hearing on a bundled entitlement package — General Plan Amendment, Zone Change, Specific Plan Amendment, Planned Development Permit, and Tentative Map — to modify the previously approved 364-lot, 1,770-acre Lost Canyons Development Project.

03Deal facts

The filing record

Jurisdiction
Simi Valley, CA
Action type
Plan amendment
Asset class
Multifamily / Residential
File number
#GPA-2024-0003
Status
On municipal record
Filed
2026-08-10
Days on record
19 days
05Record timeline

Filing to current status

  1. Filed with jurisdiction
    2026-08-10
    19 days on record
  2. Scored by Bedrock
    Relevance 5 / 5
    Automated land-use signal
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