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Morro Bay investments $100M in our future, long-term forecasts are bright

Morro Bay investments $100M in our future, long-term forecasts are bright

We love Morro Bay and as real estate agents we are always excited to hear about progress that can increase not only property values, but quality of life here on the Central Coast.

An article in the Pacific Coast Business Times really got our attention with plans for $100 million to makeover the Embarcadero area. We are equally exciting are two other hot topics, 1. plans for repurposing the prime costal real estate currently occupied by the closed Morro Bay Power Plant 2. plans to diversify the economy with as part of the renewable wind energy opportunities.

Truthfully we’re not sure what renewable wind energy will look like as a possible $4 billion development is implemented but we’ve read that wind farms would be located 30 miles off the coast which is well beyond the horizon. We even learned while writing this article that the horizon of the ocean is approximately 3 miles out (5.1 km) for a 6 foot tall person, interesting!

We look forward to improvements throughout Morro Bay! If you’d like to learn more be sure to have a look at the article by Annabelle Blair ‘Morro Bay plans $100 million makeover to attract more visitors’ on the Pacific Coast Business Times website

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