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What does Cornerstone’s sidelining mean for Santa Rosa’s lofty downtown development plans?

A long-range planning blueprint approved by Santa Rosa in 2020 set a lofty goal of adding 7,000 new homes in the 720-acre downtown within 20 years.

It was an ambitious move aimed at transforming what had historically been a business and financial hub into a thriving community with residents who could support restaurants, shops and other attractions.

The latest setback came earlier this month, when a downtown parking lot — the centerpiece parcel of Cornerstone’s biggest downtown housing proposal — was yanked back into city possession for lack of demonstrable progress.

Read the full article on the Press Democrat, here.