The proposed project will be comprised of 12 buildings and a clubhouse with a mix of one bedroom and two bedroom/two bath units.
As part of the master-planned community of Valencia, the subject development site is part of the upscale golf and residential subdivision called Westridge, a new development of 1,600 residential units, commercial/retail space and an 18-hole TPC championship golf course, which will be built out over the next three years.
In addition to Fairfield Residential, LLC, the investor group includes The Patronis Group, Creative Capital Management and PCG Greenstreet Real Estate Venture I, L.P., a joint venture between Greenstreet Partners and Pacific Capital Group.
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