Cook Hill Properties to Build 1,200 Homes on Oil Property in Montebello

Whittier Daily News

The new owners of the development company planning to build 1,200 homes in the Montebello hills said the firm plans to continue with the project. Newport Beach-based Cook Hill Properties is behind the plan to build the homes on 488 acres of oil property in Montebello. The developer was among the California properties and businesses owned by a subsidiary of Freeport-McMoran, an international mining giant.

Read More

Previous Lots: Builder's Two Big Questions in 2017
Next KB Home (KBH) Tops Q4 Earnings Estimates, Backlog Strong

About author

Michael Anderson
Michael Anderson 249 posts

Over the course of his 30-year career, Michael Anderson has worked in the residential development industry in the Pacific Northwest, Northern California and Southern California. He has acquired residential land in excess of $300M for both land development and homebuilding entities and has overseen the construction of approximately 2500 homes. Currently, in semi-retirement, and based out of Newport Beach, CA, Michael continues to invest in and stay abreast of the land markets.

View all posts by this author →

You might also like

Land/Projects

MBK Set to Open in Gardena

MBK’s 1500 Artesia Square project in Gardena is scheduled to open for sale this month. Located in the City of Gardena’s Artesia Corridor Specific Plan, where MBK successfully closed out

Land/Projects

1,100 New Homes to Open at Tustin Legacy

After stalling out during the housing downturn, a rejuvenated Tustin Legacy will add 1,100 new housing units over three projects in a mix of multi-family and single-family detached homes. With

Land/Projects

KB Announces Openings in California, Colorado

This week KB Home announced the opening of two new communities–one in California and one in Colorado. The Villas at Copperleaf is the builder’s newest commuter-friendly community in the Metro