New Homes coming to Woodbury in 2010

NEW -> Contingent Buyer Assistance Program
BK - do you think they will stop at 3-stories or go higher... maybe 4 stories eventually? I don't know if there is such a thing for a townhome.
 
[quote author="SoCal78" date=1242864241]BK - do you think they will stop at 3-stories or go higher... maybe 4 stories eventually? I don't know if there is such a thing for a townhome.</blockquote>


4 story structures may require a different building structural system such as steel and that adds too much cost to the homes. No consumers would like the excessive stairs and that immediately kills this concept.. I have seen larger urban projects in Playa Vista where a 2 story townhome stacks over another townhome that is technically a 4 story structure. The upper townhome takes access from an exterior catwalk via exterior stairs and elevator.
 
what are those townhomes by Olson, SocoWalk in fullerton? Where a two story townhome was built on top of another two story one. You have to take a private elevator up to your unit. Then you can go up some stairs basically to the roof top - there you have a little bedroom type room which leads out to a roof top patio... very wierd indeed...
 
[quote author="bkshopr" date=1242864078][quote author="irvine_home_owner" date=1242863575][quote author="usctrojanman29" date=1242729735][quote author="bkshopr" date=1242716856]Like I said: "Bag of Chips" theory is the most applicable to the triplex set-up. You knew that already before the mail.



$375x90%=$338/sf By adding more chips may disguise the value ratio to $310/sf.</blockquote>
Yup, that's the way to get to that magical $375 mark...just stack'em and pack'em (get the sardine picture out). If TIC builds them, the sheople will come. haha</blockquote>
So instead of BagOChips... it's more like CanOPringles? Not only do they stack high... but you can fit at least 3 of them into the space a BagOChips takes.</blockquote>


Man! You guys are getting this concept quick. The Pringles can takes up less shelf space and more chips to a can. Higher density and more footage is the key to disguise benchmark pricing. Ultimately TIC needs $7-7.5 mill gross sales revenue per acre for stick frame construction. The taller the pringles can the lower the benchmark pricing.</blockquote>
Why do they need to make $7-7.5 million in gross sales per acre? Weren't they doing find when they were making 50% of that 7-8 years ago? What changed? Kool-aid induced withdrawls?
 
I live in the Treo units directly across the street from this empty lot and I didn't even receive this mail... interesting.



This brings an interesting question about the layout of these triplexes. Do you think the front of the homes will face Vintage? Seems like this is the only way they could do it but there isn't enough room on that side of Vintage to allow parking so they will either have to widen that whole street, or but a big ugly wall up and make that the alley, which probably isn't an option. Sounds like they will be widening the street.



Just what I need, residents of 99 more units peeling out at the 4-way stop on Vintage and Long Meadow waking me up in the middle of the night. Thanks a million TIC.
 
They will face the main streets and their garages will be on a yet unmade alley in the middle.



I also recommend next year finding an interior facing apartment.
 
[quote author="usctrojanman29" date=1242905230][quote author="bkshopr" date=1242864078][quote author="irvine_home_owner" date=1242863575][quote author="usctrojanman29" date=1242729735][quote author="bkshopr" date=1242716856]Like I said: "Bag of Chips" theory is the most applicable to the triplex set-up. You knew that already before the mail.



$375x90%=$338/sf By adding more chips may disguise the value ratio to $310/sf.</blockquote>
Yup, that's the way to get to that magical $375 mark...just stack'em and pack'em (get the sardine picture out). If TIC builds them, the sheople will come. haha</blockquote>
So instead of BagOChips... it's more like CanOPringles? Not only do they stack high... but you can fit at least 3 of them into the space a BagOChips takes.</blockquote>


Man! You guys are getting this concept quick. The Pringles can takes up less shelf space and more chips to a can. Higher density and more footage is the key to disguise benchmark pricing. Ultimately TIC needs $7-7.5 mill gross sales revenue per acre for stick frame construction. The taller the pringles can the lower the benchmark pricing.</blockquote>
Why do they need to make $7-7.5 million in gross sales per acre? Weren't they doing find when they were making 50% of that 7-8 years ago? What changed? Kool-aid induced withdrawls?</blockquote>


I think you hit the nail on the head. Making unreal/stupid profits for a few years has the tendency to skew future expectations. Now TIC is tying to keep up their profits/growth despite a drop in the market.
 
[quote author="PadreBrian" date=1242913926]They will face the main streets and their garages will be on a yet unmade alley in the middle.



I also recommend next year finding an interior facing apartment.</blockquote>
So you think they will widen Vintage then to allow for parking in front of the homes...?
 
[quote author="Aqua Bliss" date=1242912786]I live in the Treo units directly across the street from this empty lot and I didn't even receive this mail... interesting.



This brings an interesting question about the layout of these triplexes. Do you think the front of the homes will face Vintage? Seems like this is the only way they could do it but there isn't enough room on that side of Vintage to allow parking so they will either have to widen that whole street, or but a big ugly wall up and make that the alley, which probably isn't an option. Sounds like they will be widening the street.



Just what I need, residents of 99 more units peeling out at the 4-way stop on Vintage and Long Meadow waking me up in the middle of the night. Thanks a million TIC.</blockquote>


can you imagine when all those affordable rental units come on-line? Woodbury just feel about right with the amount of traffic and pedestrians; you can still accommodate for all those Asian drivers who can't follow the signs and figure out which way to turn to go to the open houses... I can't imagine it any more dense!
 
[quote author="roundcorners" date=1242962273][quote author="Aqua Bliss" date=1242912786]I live in the Treo units directly across the street from this empty lot and I didn't even receive this mail... interesting.



This brings an interesting question about the layout of these triplexes. Do you think the front of the homes will face Vintage? Seems like this is the only way they could do it but there isn't enough room on that side of Vintage to allow parking so they will either have to widen that whole street, or but a big ugly wall up and make that the alley, which probably isn't an option. Sounds like they will be widening the street.



Just what I need, residents of 99 more units peeling out at the 4-way stop on Vintage and Long Meadow waking me up in the middle of the night. Thanks a million TIC.</blockquote>


can you imagine when all those affordable rental units come on-line? Woodbury just feel about right with the amount of traffic and pedestrians; you can still accommodate for all those Asian drivers who can't follow the signs and figure out which way to turn to go to the open houses... I can't imagine it any more dense!</blockquote>


Hey no <strong>R</strong>a<strong>C</strong>ist remark about my fellow beloved drivers. That can't be true. I saw Acpme following directional signs very well and not holding up traffic. IHO was the one you are referring to who stopped at every house with a driveway.
 
I just got a call from Bougainvilla ar Portola this afternoon. I had to give my name when I toured there last month. When she asked about my plans, I told her that I decided to rent for now because the markets are still declining. She told me they just released their newest phase and that they have INCREASED their prices. Huh?
 
[quote author="roundcorners" date=1242962273][quote author="Aqua Bliss" date=1242912786]I live in the Treo units directly across the street from this empty lot and I didn't even receive this mail... interesting.



This brings an interesting question about the layout of these triplexes. Do you think the front of the homes will face Vintage? Seems like this is the only way they could do it but there isn't enough room on that side of Vintage to allow parking so they will either have to widen that whole street, or but a big ugly wall up and make that the alley, which probably isn't an option. Sounds like they will be widening the street.



Just what I need, residents of 99 more units peeling out at the 4-way stop on Vintage and Long Meadow waking me up in the middle of the night. Thanks a million TIC.</blockquote>


can you imagine when all those affordable rental units come on-line? Woodbury just feel about right with the amount of traffic and pedestrians; you can still accommodate for all those Asian drivers who can't follow the signs and figure out which way to turn to go to the open houses... I can't imagine it any more dense!</blockquote>


<u>I think we need to clarify the areas of new development within Woodbury</u>:



1) <a href="http://www.irvinehousingblog.com/forums/viewthread/4380/">The Arbor at Woodbury</a>--affordable 3 story rental apartments at Hallmark & Regal; next to Woodbury Court



2) <a href="http://woodburyhoa.org/show_file.php?id=20760">Land at Long Meadow & Vintage</a>--slated for 140 detached single family homes, ranging from 1700-2700 sqft.



3) <a href="http://woodburyhoa.org/show_file.php?id=22175">Land at Great Lawn & Winding Way</a>--See the attached map and signed letter off of the Woodbury HOA site; Slated for 99 homes (33 triplex units), alley product; although this sounds just like the old La Casella product by Lennar which was in the same area of WB



Interesting <a href="http://www.northirvineupdate.com">website from TIC development in North Irvine</a>--WB, PS, OH, Stonegate, and WB East. Check out the FAQ and see how man homes are planned for each of the planning areas within N. Irvine. Not sure how much they update the website considering current market conditions and recent state housing mandates for Irvine.
 
Thanks, IAC Renter.



The info sheet on #2 says they will have California Rooms i.e. open-air room with roof... can be utilized as an outdoor patio and for indoor/outdoor purposes. But that makes it sound sound like a covered patio (with the house's roof covering it.) Does anyone know if this would be counted in the square footage of the home? Bk, maybe you would know.
 
[quote author="SoCal78" date=1242988074]Thanks, IAC Renter.



The info sheet on #2 says they will have California Rooms i.e. open-air room with roof... can be utilized as an outdoor patio and for indoor/outdoor purposes. But that makes it sound sound like a covered patio (with the house's roof covering it.) Does anyone know if this would be counted in the square footage of the home? Bk, maybe you would know.</blockquote>


This image of a California Room keeps coming up...

<img src="http://www.americansunrooms.com/images/clipart05.jpg" alt="" />

<img src="http://www.ambianceadditions.com/Images/Sunroom_home.gif" alt="" />



Given what BK said, I'm sure they are going to count as sq/ft, I'm not sure they are going to use real glass either, maybe plexi-glass, anything to keep cost down... frankly the concept is not new, it even looks very 80's I remember fast food restaurants like Burger King and McDonalds that had these patio rooms in LA...
 
I believe the California Room they are referring to are more like what you see in QH where a deck on the 2nd floor or the 2nd floor itself serves as the ceiling for a semi-enclosed area on the patio:



So something like this but much larger:

<img src="http://socalmls-homesimages.fnistools.com//Images/Listing07/304/Large/P677503_5.jpg">



And looks more like this:

<img src="http://images.vrbo.com/vrbo/images/1022fc">



Or even more oppulent (and from an IHB blog article):

<img src="http://www.irvinehousingblog.com/wp-content/uploads/2008/02/56-golden-eagle-pool-patio.jpg">



They are "open-air" so there won't be any glass/plexiglass and because they are technically outdoors, they won't count towards your sqft but will give you a feeling of more space (ala BagOChips).
 
IHO is very close with his assumptions. You have been secretively sneaking into my classes. In the future you might say "Frontal 3CG is really ugly".
 
[quote author="bkshopr" date=1243045489]In the future you might say "Frontal 3CG is really ugly".</blockquote>
Actually... I've already done that in the past a few times.



I know that aesthetically it's not the best... but I also accept that space/cost/function is why it's so prevalent.



Space permitting, I would prefer some type of rear-garage type arrangement but the access should be from the front... I'm not a fan of alley-style neighborhoods.



And those big front yards in FP look nice and all... but I would rather reduce that to either add more house space or more backyard space.
 
[quote author="irvine_home_owner" date=1243046326][quote author="bkshopr" date=1243045489]In the future you might say "Frontal 3CG is really ugly".</blockquote>
Actually... I've already done that in the past a few times.



I know that aesthetically it's not the best... but I also accept that space/cost/function is why it's so prevalent.



Space permitting, I would prefer some type of rear-garage type arrangement but the access should be from the front... I'm not a fan of alley-style neighborhoods.



And those big front yards in FP look nice and all... but I would rather reduce that to either add more house space or more backyard space.</blockquote>


The current ratio is back yard depth is 3x the front setback. Eventually homeowners will Mcmansionize the homes base of economic formula. No one wants a 2,000 sf home sitting on 1/2 acre but I hope they would not turn a quaint house into the home in University Park like the Taco Bell I just posted.
 
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