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.

Read More

Previous Orange County Remains a Hotbed of Masterplan Activity
Next Another Elephant Hits the Market

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

Luxury ‘Barefoot’ Condos Break Ground in Dana Point

San Diego-based Zephyr broke ground on South Cove, a 168-unit, luxury condominium project in Dana Point, CA. The development is the company’s first in Orange County, and is scheduled to

Land/Projects

Esencia Draws 10,000 Viewers

Esencia, the second phase of the 14,000-home Rancho Mission Viejo masterplan, opened this past weekend with 42 model homes and drew 10,000 viewers. Esencia, just east of San Juan Capistrano,

Land/Projects

Toll’s Cascades Opening in L.A. Draws Hundreds

Company says more than 500 house shoppers showed up at the Porter Ranch master plan’s newest community.

0 Comments

No Comments Yet!

You can be first to comment this post!

Leave a Reply