organization

Carson Goose Owner, LLC

2021-presentActive project entity in ongoing Carson redevelopment records

Faring-affiliated project entity documented by Carson public records as the assignee of Faring Capital's option rights and obligations for Cells 3, 4, and 5 of the former Cal-Compact landfill redevelopment site in Carson. Carson records identify the entity as the developer/option holder for the project now described as Carson Place and formerly associated with District at South Bay / Carson Country Mart planning.

Real estate project entity / public-private redevelopment counterpartyDirect City of Carson, Carson Reclamation Authority, state financing-agency, and audited public-finance records

Record Details

Original Option Counterparty

Faring Capital, LLC

Original Option Date

2020-12-17

Assignment Date

2021-01-15

Public Counterparty

Carson Reclamation Authority

Former Site

Cal-Compact landfill

People

Organizations

Properties

Projects

Relationships

Money Records

Money Relationships

Financial Entities

Developers

Roles

Categories

Themes

Addresses

Address

Financial Relationship

Carson public records describe a $45 million residual land value structure tied to the option and redevelopment relationship, including a $12.5 million initial payment and a remaining $32.5 million subject to stated conditions, plus separately documented remediation/O&M and extension obligations.

Amount

$45 million residual land value structure

Amounts

$45 million residual land value$12.5 million initial payment$32.5 million remaining payment described in audited records$300,000 extension/dry-utility planning paymentApproximately $3 million annual O&M reimbursement obligation described in staff report, capped at $250,000 per month

Record Notes

Carson records expressly state that Faring Capital entered the original December 17, 2020 option agreement for Cells 3, 4, and 5 and assigned its rights and obligations to Carson Goose Owner, LLC on January 15, 2021. The records establish a direct Faring-to-project-entity and project-entity-to-public-agency relationship, but do not by themselves establish the ultimate beneficial ownership of Carson Goose Owner. Source descriptions of project/site acreage vary: a 2025 real-property negotiation notice identifies approximately 86.5 acres at 20400 S. Main Street, while a 2024 City press release describes Carson Place as a 96-acre project. Both are preserved as source-specific descriptions rather than reconciled. No Culver City or CCUSD relationship is inferred from this Carson project.

Source URLs

Related Records

Independent archive. Not affiliated with the City of Culver City or any government agency. Disclaimer