I dont know what qualifies for multi generational living. Do you mean at least 4 bedrooms? Some on the first floor for the grandparents?
If you're going to build 1mil homes in FV, you're not going to build 2 bedroom homes.
I'll agree that you have to do some research but that's with any builder trying to give the buyers what they want.
Given that you will do your homework as a builder, you can do no wrong in FV with new homes.
bkshopr said:
rickhunter said:
Dont you think that any new development, currently, by any builder, would be successful in Fountain Valley?
If you build it, they will come!
bkshopr said:
KB knows its demographic profile. Look at Tremont in FV. It was a big success. KB is not interested in building long term legacy neighborhoods and the bottom line is $$$$$$$$$$$. Give the consumers a third car garage and it will distract the buyers from seeing all other 999 flaws with the homes.
KB is bad news. One of my staff was the former director of product development for KB (He did it for $$$). He knew everything about this company and those are are interested in having KB in their community will be a big mistake. It is like bringing a 99 Cents store to SCP.
That is almost correct. Wrong floor plans not addressing the multi generational living will fail even in FV.
I do not endorse KB but I knew since the beginning Tremont would be a success. The focus is to analyze and factoring in every element before making a prediction.
So far I have not been wrong except for a temporarily delay in Woodbury East in reaching the attached housing bench mark pricing of $330/sf. Trust me TIC will raise prices to meet this goal. It is around $300/sf in phase 2 of Ivy.