Ignite San Diego

Ignite San Diego

Local business spotlight

Carmel Valley Site for 174 New Homes

By SDBJ Staff
|  Wednesday, Mar 12, 2014  |  Updated 9:07 AM PDT
View Comments (
)
|
Email
|
Print
Carmel Valley Site for 174 New Homes

The Southern California division of Taylor Morrison Home Corp. has purchased 28.79 acres of property in San Diego’s Pacific Highlands Ranch neighborhood for approximately $34.4 million, with plans to build 174 houses, according to brokerage company Colliers International.

Arizona-based Taylor Morrison plans to develop two previously approved residential communities, called The Elms and The Ivy, with a total of 146 market-rate lots and 28 affordable housing units. The site is on the north side of state Route 56, south of Carmel Valley Road near Carmel Valley.

Colliers brokers David Santistevan, Gunder Creager and Ciarra Layne-Trujillo represented the buyer and the seller, Lin Family Trust of La Jolla.

  The Business Journal is the premier business publication in San Diego. Every day online and each Monday in print, the Business Journal reports on how local business operate and why businesses leaders make the decisions they do. Every story is a dose of insight into how to run a better, more efficient, more profitable business.

Get the latest headlines sent to your inbox!
View Comments (
)
|
Email
|
Print
Leave Comments
Follow Us
Sign up to receive news and updates that matter to you.
Send Us Your Story Tips
Check Out