There's a long way to go still, however. There's the development code and zoning that must be created for the area, which will contain single- and multi-family homes and commercial components as well as parks and schools. Then there's the cost, estimated at $171 million, of upgrading the streets, sewer, water and storm-water systems to handle the increased traffic.

If the plan is completed as envisioned, the valley would have more than 5,000 residential units, 5,000 jobs and a population of more than 12,000, which would be a 20-fold increase of the valley's current population. Nearly one-third of the acreage would be set aside to restore and protect wildlife habitat around creeks and tributaries.

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