Brandywine Homes has acquired 2.5 acres of land in Garden Grove and plans to begin construction on a new 20-home development on the site this summer. The move is part of its efforts to boost its production capacity.
The Irvine-based homebuilder, which specializes in small to mid-size infill communities, purchased the property – made up of six separate parcels – from the city of Garden Grove and five other sellers for an undisclosed amount.
Titled Pomelo, the residential community will be located near The Block at Orange and will feature Mediterranean-style single-family homes ranging in size from 1,600 to 2,150 square feet with up to four bedrooms and three bathrooms. The homes will be catered specifically toward buyers in the Garden Grove area, according to the company.
"We believe very strongly that a thorough understanding of each and every community we enter is critical to our success,” said Dave Barisic, vice president of sales and marketing at Brandywine. “Buyers are not the same everywhere – far from it. So we are always turning the stone over.”
The properties will boast spacious great rooms and backyards, granite counters and stainless steel appliances, among other amenities.
While homes won't be available at Pomelo until mid-2011, the community is among eight Southern California acquisition the firm expects to make in the next year. In addition, Brandywine is poised to double its production volume in the next eight months, with the goal of eventually building up to 250 homes annually.
Brandywine, which was founded in 1994 and currently has 70 homes in three communities throughout Southern California, has met with success due to its experience in the infill market and by focusing on its bottom line, according to Brett Whitehead, president of the firm.
"During the boom years, many builders pursued large developments in far-flung markets,” he said. “We stayed true to our strengths – building infill homes that truly reflect local demand – and as a result we are healthy, well-funded and positioned for solid growth."
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