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CONSTRUCTION INDUSTRY NEWS
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Melia Homes unveils plans for two O.C. developments

The projects in Anaheim and Costa Mesa are part of a strategy to deliver 150 new homes a year.

BY JENNA SWEENEYPublished: December 08, 2010 09:32 AM

Ironwood in Rancho Cucamonga
Newport Beach-based Melia Homes plans to begin previewing a new five-unit condominium project in East Side Costa Mesa in April, followed by a 32-home community in Anaheim’s Donovan Ranch.

And the homebuilder has already unveiled a six-home luxury development in Rancho Cucamonga.

The launches are part of a strategy to deliver 150 new homes a year throughout Orange County and select areas of the Inland Empire, with three to four projects selling at any given time.

“We appreciate the need to take stock of what has been successful in the past, while preparing for the market’s gradual recovery,” said Melia Homes Founder BJ Delzer. “As we position ourselves for success in this new market, we hope to pass along the benefits to our family of homeowners.”

Studies suggest that Orange County’s housing market is on the rise, with the medium home price expected to reach the half-million-dollar mark by 2012.

“In moving forward, we recognize the need to develop a niche – building superior quality homes on select infill sites in and around Orange County,” Delzer said.

In Costa Mesa, The Enclave features five detached condominium homes offering 2,014 square feet of living area priced from the mid-$600,000.

The 32 detached homes at Donovan Ranch will be situated on a cul-de-sac and will range from about 1,600 to 2,600 square feet.

And the six luxury homes that make up Ironwood Estates in Rancho Cucamonga feature two-story estate-size homes, with up to six bedrooms and between 4,297 and 5,558 square feet of space. Those homes are available for 30-day closings.

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Comment at 12/8/2010