Search
 

JV Announces 188-Unit Housing Project

FOLSOM, CA-Sacramento County's diverse economy, low cost of living and high quality of life have made it a prime location for Standard Pacific Corp. to extend its Northern California presence.

By Michelle Savage | Updated on May 15, 2002

FOLSOM, CA-Standard Pacific Corp. has entered into a joint venture with Lucas & Mercier Development to develop a 118-unit housing development in The Parkways, a multi-million dollar, master planned community located in Folsom.

The joint venture will build housing units ranging from 2,300 to 3,200-sf in a region that is out performing the nation and state. Folsom is a community of 41,000 people about 20 miles east of Sacramento.

Standard Pacific is extending its presence into the Sacramento market because Sacramento County’s diverse economy and lower cost of living, along with its outstanding educational institutions and overall high quality of life, continue to attract people and businesses to the area.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.