Orchard Hills?
- Thread starter irvinemom
- Start date
NEW -> Contingent Buyer Assistance Program
The land is already graded, main artery roads are finished, and guard gates are built. If they wanted to start building today it would probably take them 6 months or less to put up models. The area already has a shopping center, park, and school--just no homes. Take a look on Bing Maps Birds Eye View of the area--very interesting to see all the streets laid down with names.
I drive on the 261 on a daily basis and see they are growing fields of strawberries on the OH lots--so it looks TIC is in no rush to start.
iacrenter
Well-known member
I still feel the same about OH. 2014 or later... TIC is in no rush to start OH while still completing PS, LA, SG, and now CV. They would like to position OH as a premium village and the longer they wait, the RE market has time to improve. It also gives them time to revamp their designs given the success of LR and failure of LA.
Here is an excerpt from my post in April this year:http://www.talkirvine.com/index.php/topic,1968.msg38335.html#msg38335
OH has been delayed for quite a while and will continue on hold unless PS, Stonegate, and LA start selling well and are completed.
Dan Young (TIC President of Community Development) spoke to the old Irvine Housing Blog forum back in 2009 via a conference call (http://www.irvinehousingblog.com/forums/viewthread/5760/). One question he answered was regarding TIC's timeline for buildout--here is an excerpt from that call (thankyou SoCal for transcript post):
"4:27 In the meantime, people are e-mailing here, so we?ll pick those up as well. I do have one here that I?ll try to address? and Larry, you brought this up about people?s interest in the build-out of the other villages. We have several villages where we?ve installed some or all of the infrastructure but we haven?t started the homes yet. Stonegate has been called out as one? Laguna Crossing has been called out as one? and Orchard Hills has been called out as one. So, let me give you our current thinking. First of all? our first priority? our first, second, and third priority? is to complete the villages that we?ve already started. There?s residents living there. There?s all kinds of facilities operating there. There?s schools operating there. So, we want to make sure that all of the resources that we can put into the market place are put into places where those villages are started and people are living. So, Priority One is to complete Woodbury, Woodbury East., and Portola Springs neighborhood one and two. Those were active and now we see new homes being built soon. We think the first of the year? to get more new home choices for people in those villages. What that means is? if you try to guess at how many homes are going to be absorbed over the next year or two as we move out of this recession, and we?re assuming that we are, in 2010, going to start moving out of this recession?. then, you might have a good guess and that?s really all it is? that Stonegate might open up in 2011 or 2012. Again, assuming that we?ve made great progress and are mostly finished with the build-out of Woodbury and Woodbury East. So, we?re continuing to look at the schedules, and quite frankly it requires you to be an economist and follow the national economy and we try to do that as best we can?.but based upon our best guess, the absorption that we?ve projected? it might suggest that Stonegate is in 2011. Laguna Crossing would probably follow shortly after that, as would Orchard Hills. But, what we?d really like to do? first order of business? is get those villages completed. (Instructions given for asking a question?)"
Here is an excerpt from my post in April this year:http://www.talkirvine.com/index.php/topic,1968.msg38335.html#msg38335
OH has been delayed for quite a while and will continue on hold unless PS, Stonegate, and LA start selling well and are completed.
Dan Young (TIC President of Community Development) spoke to the old Irvine Housing Blog forum back in 2009 via a conference call (http://www.irvinehousingblog.com/forums/viewthread/5760/). One question he answered was regarding TIC's timeline for buildout--here is an excerpt from that call (thankyou SoCal for transcript post):
"4:27 In the meantime, people are e-mailing here, so we?ll pick those up as well. I do have one here that I?ll try to address? and Larry, you brought this up about people?s interest in the build-out of the other villages. We have several villages where we?ve installed some or all of the infrastructure but we haven?t started the homes yet. Stonegate has been called out as one? Laguna Crossing has been called out as one? and Orchard Hills has been called out as one. So, let me give you our current thinking. First of all? our first priority? our first, second, and third priority? is to complete the villages that we?ve already started. There?s residents living there. There?s all kinds of facilities operating there. There?s schools operating there. So, we want to make sure that all of the resources that we can put into the market place are put into places where those villages are started and people are living. So, Priority One is to complete Woodbury, Woodbury East., and Portola Springs neighborhood one and two. Those were active and now we see new homes being built soon. We think the first of the year? to get more new home choices for people in those villages. What that means is? if you try to guess at how many homes are going to be absorbed over the next year or two as we move out of this recession, and we?re assuming that we are, in 2010, going to start moving out of this recession?. then, you might have a good guess and that?s really all it is? that Stonegate might open up in 2011 or 2012. Again, assuming that we?ve made great progress and are mostly finished with the build-out of Woodbury and Woodbury East. So, we?re continuing to look at the schedules, and quite frankly it requires you to be an economist and follow the national economy and we try to do that as best we can?.but based upon our best guess, the absorption that we?ve projected? it might suggest that Stonegate is in 2011. Laguna Crossing would probably follow shortly after that, as would Orchard Hills. But, what we?d really like to do? first order of business? is get those villages completed. (Instructions given for asking a question?)"
irvinehomeowner
Well-known member
2020... seems like years divisible by 10 work the best for TIC. 
Oy Veh, if TIC is still sticking to this plan, then OH won't even start grading til way later than 2015. I feel bad for those businesses in the OH shopping center. They probably expected homes years ago. Nice land up there in OH. I'm sure they'll be eye-popping prices.
iacrenter said:
iacrenter
Well-known member
OCgasman said:
The land is already graded, main artery roads are finished, and guard gates are built. If they wanted to start building today it would probably take them 6 months or less to put up models. The area already has a shopping center, park, and school--just no homes. Take a look on Bing Maps Birds Eye View of the area--very interesting to see all the streets laid down with names.
I drive on the 261 on a daily basis and see they are growing fields of strawberries on the OH lots--so it looks TIC is in no rush to start.
irvinehomeowner
Well-known member
Someone told me that TIC can't stop building... seems like they stopped building Orchard Hills.
usctrojancpa
Well-known member
Too funny.test said:
irvinehomeowner
Well-known member
Is a bear Catholic?ps9 said:
Irvine_Dreamer
New member
When are they going to start building?
I'm selling my Maricopa.
I'm selling my Maricopa.
changm55
New member
looks like they outsource their designers haha
http://eptdesign.com/portfolio/planning/orchard-hills/
i think its smart they dont build right now... once housing recovers a little more, they can fetch a much better premium since this zone is one of the last low density prime locations left...
http://eptdesign.com/portfolio/planning/orchard-hills/
i think its smart they dont build right now... once housing recovers a little more, they can fetch a much better premium since this zone is one of the last low density prime locations left...