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REAL ESTATE INDUSTRY NEWS
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Irvine Co. moves forward with plans for new-home development

Santa Barbara at Woodbury is set to grand open this summer.

By Kristen SchottPublished: April 08, 2010 11:45 AM

Courtesy of the Irvine Co.
Bolstered by the recent success of the 2010 New Home Collection, the Irvine Co. is moving forward with plans for its Santa Barbara at Woodbury project.

California Pacific Homes has begun construction on the models for the development, which is slated to grand open this summer.

The 125-home project will offer townhome and flat designs ranging from 1,165 to 1,1810 square feet with two to three bedrooms and two to three and one-half bathrooms. Residences will boast private courtyards; kitchens outfitted with islands, granite countertops and stainless steel appliances; and the community will be within walking distance to a number of local amenities.

The project comes on the heels of the late-January launch of the Irvine Co.'s 2010 New Home Collection, which generated interest among local homebuyers and providing a boost to the residential real estate industry. Since it opened, 318 homes in Woodbury and Woodbury East have been sold, spurring the firm to take advantage of the success.

"The long list of features planned for Santa Barbara combined with its spacious floorplan and striking exteriors help make this new neighborhood the perfect fit for the extraordinary Village of Woodbury," says Tom Veal, vice president of Irvine Co. Community Development.

Pricing has not been determined, according to the firm, but the interest list is available for homebuyers.

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