Through its Aerojet Rocketdyne subsidiary, Aerojet Rocketdyne Holdings owns approximately 12,200 acres of land in the Sacramento, California metropolitan area. The property is located 15 miles east of downtown Sacramento, along U.S. Highway 50, a key growth corridor in the region. It is one of the largest single-owner land tracts suitable for development in the region and is a desirable "in-fill" location surrounded by residential and business properties.
The land was acquired by Aerojet Rocketdyne in the early 1950s for Aerojet Rocketdyne's operations. Most of the land was used to provide safe buffer zones for Aerojet Rocketdyne's testing and manufacturing operations. Due to changes in propulsion technology, coupled with the relocation of certain Aerojet Rocketdyne's operations, portions of the land are no longer needed for Aerojet Rocketdyne's operations. Consequently, the company is planning to reposition the excess Sacramento land and have approximately 6,000 acres rezoned for residential use under the brand name of Easton.
The Easton plans reflect efforts to make one of the finest master-planned communities in the region. Easton will include a broad range of housing as well as office, industrial, retail and recreational uses.
To learn more about Easton, please visit www.easton-ca.com.