Lennar to Build 124 Homes in the Phillips Ranch area of Pomona
Lennar Corp. has purchased a 13.9-acre site in the masterplanned Phillips Ranch area of Pomona where it plans to build 124 homes and 6,000 square feet of retail space.
The Pinewood property, one of the largest in-fill development sites in the San Gabriel Valley, is located along Village Loop Road. Richard Byrd and Tim Barden of the Los Angeles in-fill team of Land Advisors Organization represented Phillips Village Investors LLC in the sale of the property which closed last week.