Mothballed Riverside Mega-Project Comes Back to Life
Spring Mountain Ranch, in the City of Riverside, a 1400-unit mothballed housing development begun during the last housing cycle, sees renewed activity with KB Homes, in a joint venture with landowner, iStar Financial, recommencing development activity. When sales activity in Spring Mountain commences in October of this year, it should be telling as to whether the generally depressed Inland Empire housing market will be able to support a development of this magnitude in an interior location.
About author
You might also like
Foremost Companies Announces Grand Opening of Two All-Age Neighborhoods in Temescal Valley
Foremost Companies has announced the grand opening of its first two all-age neighborhoods at Terramor, a new unique multi-generational master-planned community.
Bressi Ranch housing project gets the OK
By Steve Puterski After a marathon session of presentations, discussions and remarks from the public, city council approved on Tuesday a controversial project in Bressi Ranch. After nearly four hours
Paulson Starts Lot Disposition Program
During the bottom of the housing market, hedge fund magnate John Paulson (who famously shorted the subprime mortgage market earning himself an estimated $4 – 5 billion in the process)
0 Comments
No Comments Yet!
You can be first to comment this post!