Two more landowners have signed letters of intent to sell their property to Morning View, LLC, according to the company's chairperson, Carissa Carpenter.
That makes a total of four adjoining landowners who have confidentially signed LOIs, Carpenter told Dixon Patch in a phone call Thursday evening. A few more landowners are needed to reach the 300-acre swath of land the company is looking for.
Morning View has plans to build a $2.8 billion film studio in Dixon. Read about it here.
"As soon as we have the 300 acres, then things shift," Carpenter said of the project's progress. "Right now it's kind of a funky shape; we need it contiguous."
The shape of the project's footprint will be determined by which landowners sign the letters of intent to sell. Once that's set, Carpenter says Morning View will launch its website, which will feature architectural plans, stories written by Dixon residents and more.
"The website's done," she said. "We need that last piece, and then we'll go forward."
All property owners are signing non-disclosure agreements, meaning we can't specify which of the property owners signed the letters of intent.
"It's something developers do when they're negotiating with several different property owners," Lindley said of the non-disclosure agreement when we spoke to him last month.
Note that a letter of intent is not a sale. The sale process would begin as soon as the 300-acres are accounted for, because that's the amount of land Morning View would need to begin construction.
"This is going to be one of the largest construction projects as far as cost goes in the United States," said Carpenter. "And one of the biggest producers of jobs."
City Manager Jim Lindley confirmed the letters of intent via email, saying, "It is my understanding that two additional LOIs have been executed."