Miami-based Lennar Corp. surpises observers and wins the auction to buy the former El Toro marine base in Irvine, CA.
"The nation's third-largest home builder won an unprecedented federal auction Wednesday to buy the former El Toro Marine Corps Air Station in Irvine, setting the stage for 3,400 new homes in the heart of Orange County and dashing the last hopes for an international airport there.
Bidding $649.5 million for 3,718 acres, Miami-based Lennar Corp. won the property in an online auction that the Defense Department has pledged to use as a model for the sale of future closed military bases. Previously, closed bases were transferred to local governments at little or no cost."
Thanks to Chris Steins
FULL STORY: One Bidder Wins It All at El Toro

Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.

National Parks Layoffs Will Cause Communities to Lose Billions
Thousands of essential park workers were laid off this week, just before the busy spring break season.

Retro-silient?: America’s First “Eco-burb,” The Woodlands Turns 50
A master-planned community north of Houston offers lessons on green infrastructure and resilient design, but falls short of its founder’s lofty affordability and walkability goals.

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Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.

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