Christensen Ranch - Construction Update
Some of you have asked about the Christensen Ranch townhome project on the corner of Antelope and Craig, wondering why construction has stop...
http://www.menifee247.com/2008/05/christensen-ranch-construction-update.htm
Some of you have asked about the Christensen Ranch townhome project on the corner of Antelope and Craig, wondering why construction has stopped, and have commented that the builder, Brenson Communities, has stopped paying their contractors.
Well, I contacted Brenson Communities and got ahold of a person who is intimate with this project, and received the following response...
Well, I contacted Brenson Communities and got ahold of a person who is intimate with this project, and received the following response...
We have slowed construction, not stopped it. With regards to not paying contractors, that statement is inaccurate. We have had some bank delays in funding, but we plan to have this resolved within the next few weeks. Our contractors are working with the project to move forward. We plan to complete the project to finished lots and wait the market out before any vertical construction takes place. Thank you.It's kinda the same situation with the Audie Murphy Ranch project, they're building the pads, and waiting for the market to improve before any buildings go up.
Does your Audie Murphy comment mean that the Goetz bridge and the Newport Realignment is on hold until the economy picks up?
ReplyDeleteI don't know about the Goetz bridge project. All I know is that Audie Murphy homes are on hold for now. I recall reading somewhere about a couple of months ago, that the bridge project was going to get started. But then, they've been saying since last Summer.
ReplyDeleteWhat sort of construction is going on next to MSJC? Hopefully no houses...
ReplyDeleteI heard low income apartments
ReplyDeleteThat's too bad. There are many choices with the Section 8 program. I would like to have seen the property saved for a future Cal State. One more reason for local control.
ReplyDeleteUnder construction close to Mt. Jacinto College, Menifee Branch is a 230 unit apartment complex. Without local control, there is a chance that Antelope Road will have more apartments as developers attempt to change commercial and industrial land use designations to land use designations allowing for apartments. It is very crucial to vote for cityhood so that the number of apartments will be lessen.
ReplyDeleteVOTE FOR CITYHOOD ON JUNE 3.
With all of the construction and demolition to build this community the stretch of road on Antelope has been destroyed. The temporary patchwork and new asphalt they keep putting in has made this road extremely rough and bumpy. I hope there are plans in place that once they are done to completely tear up the entire stretch of Antelope and replace all the asphalt. I know this has got to be destroying many cars suspensions and shocks/struts.
ReplyDeleteIt's also dangerous riding a motorcycle on that road, because the bumpiness is not very evident until you're on top of it. It's even more dangerous for motorcycles to ride over that at night.
ReplyDeleteSo here is the latest i have heard on Audie Murphy.(I work in the industry) It was completely foreclosed on and the developers walked away. They took down all the fences and anything that they could salvage. The bank then put it on the market for 75 million, it was purchased last week by one of the original developers using a different LLC. They bought it for 17 Million.... how is that for information. As far as i know the City council is aware of purchased the project. I believe its public information if anyone wants to know who actually bought it. I will be intrested to see what happens next with that disaster.
ReplyDelete