Daily Business Report — Nov. 27, 2009
Homes Coming Soon for Carlsbad Master-Planned Community
Three residential builders have new homes coming soon at the first master-planned community to be built in Carlsbad since 2006. Construction continues on schedule toward a 2010 grand opening for Carlsbad new home neighborhoods at The Foothills. Brookfield Homes and William Lyon Homes are framing model homes within the new master-planned community located off Cannon Road, just east of El Camino Real in Carlsbad. D.R. Horton plans to begin construction in December for its model home complex.
Expected to open in February 2010 is Blossom Grove at The Foothills by William Lyon Homes. Offering 110 single-family Carlsbad homes with 1,992 to 2,840 square feet, three to five bedrooms, and two to three bathrooms, the one- and two-story homes are expected to be priced from the low $600,000s.
Brookfield Homes’ project, Rockrose at The Foothills, will offer 101 new homes ranging 2,116 to 3,167 square feet. The single-family detached homes will have three to four bedrooms and two to 4.5 bathrooms. With a sales center expected to open in January 2010, Rockrose pricing is anticipated to start in the low $600,000s.
With an information center planned to open in January 2010, Alcéa at The Foothills by D.R Horton features 84 detached condominium homes with approximately 1,747 to 2,052 square feet, three to four bedrooms and 2.5 to three bathrooms. Pricing is expected to start in the low $500,000s.
When completed, The Foothills will have 404 homes on 157 acres. A 2.6-acre residents-only Swim Club will include a resort-style swimming pool, children’s pool, picnic area with barbecues, paddle courts, grass playing areas and a yoga exercise circle.
Brookfield Homes will build several neighborhood pocket parks and a trail system at The Foothills. Across the street from the community, Carlsbad Unified School District plans to break ground in 2010 on a new high school campus that would open in fall 2013. Future phases are expected to include a fourth single-family new home neighborhood, a commercial office building and an RV storage facility. Another future amenity is a new 13.5-acre city of Carlsbad community park, planned as a lighted, multi-field soccer complex.
Echo Pacific Construction Wins Excellence in Construction Award
Echo Pacific Construction has won an Excellence in Construction Award of Merit from ABC of San Diego for the Pomerado Elementary School modernization. The school is the oldest in the Poway Unified School District. It was constructed in 1961. The eight-month fast track project included a new administration/library building, a new service kitchen, modernization of 29 classrooms, a multi-purpose building and two acres of new site amenities. The lease/lease back project value was $14 million with the project totaling 49,000 square feet.
New infrastructure included moving all power from the roofs to underground, rewiring all classroom power, new data and fire alarm, lighting, and intercom systems. A complete HVAC overhaul with hybrid rooftop units and all new ductwork and controls brought the campus up to the new efficiency standards. New ceilings, flooring, drywall, tackboard and casework completed the classrooms.
Black Contractors Assn. Signs Alliance With the SBA
Ruben Garcia, district director of San Diego’s U.S. Small Business Administration office, has signed a strategic alliance with the Black Contractors Association of San Diego and its president/CEO, Abdur-Rahim Hameed. The agreement is expected to allow SBA and BCA San Diego to work together to improve business access to technological information through educational opportunities and SBA resources, and provide maximum financial opportunities and training to entrepreneurs. BCA San Diego’s mission is to help to create economic opportunities for African Americans and other members in the construction industry, who historically and today would not get market share in the construction industry. It was established for the purpose of providing a resource for private and public sectors to obtain qualified independent contractors in a wide variety of fields.
S.D. County Credit Union Extends Poinsettia Bowl Sponsorship
San Diego County Credit Union has extended its title sponsorship of the San Diego County Credit Union Poinsettia Bowl through the 2010 game, with options for 2011 and 2012. SDCCU has been the title sponsor of the game since its inception in 2005. SDCCU is currently the nation’s only credit union to serve as a title sponsor of a college football bowl game. Since the Poinsettia Bowl’s game inception in 2005, the Make-a-Wish Foundation of San Diego has been the game’s beneficiary. One dollar from every admission ticket sold goes directly to the Make-A-Wish Foundation, which grants wishes of children with life-threatening medical conditions. The 2009 game, to be played on Dec. 23, will feature a team from the Mountain West Conference against a member of the Pacific-10 Athletic Conference or Western Athletic Conference opponent. The game will be played at 5 p.m. at Qualcomm Stadium, and will be broadcast on ESPN-TV and ESPN Radio. For ticket information, visit PoinsettiaBowl.com.
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