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KB Home plans 278 more homes in Santa Clarita

Posted: May 2, 2014 7:11 p.m.
Updated: May 2, 2014 7:11 p.m.
 

Builder KB Home is preparing to build 278 new homes in the Plum Canyon area of the Santa Clarita Valley, an executive with the company said Friday.

The home builder expects to open a sales office in June and have the first of the new homes ready by August.
The local market is “under supplied and over demanded,” said Tom DiPrima, president of the LA Ventura Division for KB Home.

“We’re really excited to stay in this market,” DiPrima said. “The company is very bullish on the Santa Clarita Valley. There is a lot of pent-up demand, strong job growth and you have the Disney Ranch coming.”

Disney ABC Studios’ expansion plans for the Golden Oak Ranch property in Placerita Canyon has been approved by Los Angeles County and is expected to create thousands of new jobs.

KB Home purchased the 278 Plum Canyon lots from Toll Brothers, who bought Shappell Homes — the builder who developed the area. The deal closed in February.

Two new single-family home communities — Canyon Heights and Canyon Crest — will offer homes ranging in size from 1,925 to 4,517 square feet.

The new homes will be designed for both first-time buyers and move-up buyers, DiPrima said. Prices are expected to start in the high $500,000 range.

Noting that KB Home is constructing homes in Playa Vista, on the west side of Los Angeles, that start at $1.2 million, DiPrima said Santa Clarita is still super affordable with a great quality of life.

DiPrima also noted two post-recession trends in the home market.

“The trend is to build larger homes again,” he said. “We continue every year to see a 10 to 15 percent increase in square footage.”

The other trend the home builder has noted is that young professionals saved their money, rather than jump into the home-buying market, during the recession; thus they have larger down payments available, DiPrima said.

While lending is little more challenging today than in the past, the price point for KB Home’s new homes still qualify for FHA loans, he said.

Like other KB Home residences built in the Santa Clarita Valley, these new homes will all be built using energy- and water-saving components, including solar power as a standard feature of each home. Those features will be included in the base price of the home.

Interiors will have open floor plans and large great rooms for gathering or entertaining. Depending on the model, homes will be one or two levels and have up to six bedrooms and five and a half bathrooms. Some have three-car garages.

The new homes will fall into the Saugus Union School District.

KB Home expects to be building in Plum Canyon for years to come, according to its president, Steve Ruffner.

“At KB Home we feel this is a great market both now and long term,” DiPrima said. “We’re happy to build and invest in the area.”

jana@signalscv.com
661-287-5599

 

 

Comments

stray: Posted: May 2, 2014 7:33 p.m.

"Two new single-family home communities — will offer homes ranging in size up to 4,517 square feet"

Building these monstrosity sized homes require LOTS of H2o, and where is the water going to come from ??? With homes that size, there will be large families that will occupy them. Nobody, but nobody, can convince me that even with water saving toilets, dish washers, laundry machines, etc.., that a FIVE and a half BATHroom home is going to "barely consume" water! How 'bout the green lawns and recreational parks and swimming pools built to accommodate the HOA members ?

I guess they'll be using "recycled" sewer water ! And, let's not forget THAT MUCH MORE HIGH chloride levels get flushed with this NEW development !

--edited.


castaicjack: Posted: May 2, 2014 8:40 p.m.

Remember to vote for the California Bay Conservation Measure. After all the "planned" 20,000+ homes off the 126 and the 20,000+ off the I5 around Gorman and the 1,045 homes for Castaic all need water. Er, ah, it's for the kids...


Before87: Posted: May 3, 2014 9:35 p.m.

Whites Canyon is a cluster ---- now.


bobforte: Posted: May 3, 2014 6:58 a.m.

Stray, these lots are so small that there will be no lawns. But I get what you are saying.


EgbertSouse4U: Posted: May 3, 2014 7:47 a.m.

Sure... keep telling me I am consuming too much water, send out warning letters... then greenlight 300 more homes. What a ridiculous mixed message. SCV representatives are just the "gal who can't say no." I think I'll go water the hell out of my lawn this afternoon.


longdebbie12: Posted: May 3, 2014 8:08 a.m.

I am going to water away and keep my lawn as green as I want. This city has way to many home, we need to stop building!!!!!!!!!!!!!!!


chefgirl358: Posted: May 3, 2014 8:42 a.m.

Yep exactly what I've been saying all along, don't tell me go cut back on water or anything else when you keep allowing building projects! This is such bull.


ohhyaa: Posted: May 3, 2014 8:45 a.m.

I see two old buzzards, one named Laurene the other Marsha, and they are circling and salivating over the thought of additional funds in their discretionary piggy bank.


stray: Posted: May 3, 2014 9:15 a.m.

@ohhyaa -

You practically took the words right out of my mouth! I was thinking almost on the same lines - but only a little twist.

"The new homes will be designed for both first-time buyers and move-up buyers"

Really ??? FIRST TIME buyers to purchase a home that basically STARTS at $600k ??? I guess grandma and grandpa have given you youngsters a LOT of money! Because it doesn't stop just at the purchase price... You'll have HUGE property taxes, Mello-roos, HOA fees, a hefty mortgage, and house insurance - and don't forget those student loans! Then, all you have is an empty house with no furniture - a couple of car payments - then commute on those toll roads coming soon! AND, you haven't purchased any food and beverages for your family! What ??? You don't need Wi-Fi, computers, iphones, and ipads ??? LMAO !!! First time buyers!

Nobody but professional doctors, lawyers, and accountants could afford that new development! Rumor has it that the council grandmas are buying in this new development because of ALL that METRO $$$ ... :)


bbcalvin: Posted: May 3, 2014 4:33 p.m.

User Removed Comment.


stray: Posted: May 3, 2014 5:30 p.m.

I'm not sure about the exact location, whether it's considered Santa Clarita or not. Nobody here said the homesites were approved by the city. I believe we're all mainly concerned about the "over development" in this town and the lack of water resources to accommodate it. And that includes the traffic bottleneck... --edited.


astroak: Posted: May 3, 2014 5:56 p.m.

Can someone state which, if any, are being built within city limits. It mentions Plum Canyon, I'm sure that's SCV and who approved that?

Overpopulate, traffic, overdeveloped and more.


bbcalvin: Posted: May 3, 2014 6:13 p.m.

A few commenters mentioned the City or councilmember names. None of the homes being built are within city limits and were not approved by the City. They were approved by Los Angeles County Department of Regional Planning.


stray: Posted: May 3, 2014 6:18 p.m.

Again, bbcalvin, NOBODY said that the City approved this development. Just because a few of us comment about the granny council members, doesn't mean they approved this. But, what I DID SAY, is that they could afford this new development with all that METRO money...

The developer specifically states its in Santa Clarita, in LA County... You decide bb...

http://www.kbhome.com/new-homes-los-angeles-county/charleston-at-river-village


Nitesho: Posted: May 3, 2014 6:33 p.m.

I love how they cite the Disney project as somewhat justification. Most of the jobs already exist and are coming from another part of the city....and that's only if Disney decides to spend the 500 million for abc and close the prospect lot, which is unlikely. Just because it's approved, doesn't mean they will do it


stray: Posted: May 3, 2014 6:40 p.m.

@bbcalvin - "Some of the comments on here confirm that some people have no clue"- and "These homesites are not in the City"

That's an interesting comment bb... Another article specifically states "Santa Clarita" in Plum Cyn...

http://hometownstation.com/santa-clarita-news/business/kb-home-acquires-278-lots-plum-canyon-santa-clarita-41621

--edited.


stray: Posted: May 3, 2014 6:57 p.m.

http://www.latimes.com/business/money/la-fi-mo-kb-home-new-subdivisions-20140502,0,5429168.story#axzz30hwj6aRV


bbcalvin: Posted: May 3, 2014 8:20 p.m.

stray- The homesites are in unincorporated LA County. Here is a map of City boundaries and Plum Canyon is outside the City: http://www.santa-clarita.com/modules/showdocument.aspx?documentid=6978.

As with most areas, development is generally approved by LA County. After the houses are built, the area becomes annexed by the City because people who live there rather be part of the City. Most of north Valencia, Saugus, etc.. were all unincorporated territory until the City annexed them.


ricketzz: Posted: May 4, 2014 6:15 a.m.

This is a scam to get substandard homes built in the city. They build to county specs and then are annexed. Pretty damn obvious (Good Ole )Boys! That's how we end up with houses on ridgetops even though they are theoretically forbidden. This place is run by a bunch of Haneys.


ohhyaa: Posted: May 4, 2014 8:56 a.m.

bbcalvin. I posted grannies by name but never said they had anything to do with approving this development. I said they were salivating at the thought of more money coming into the City's piggy bank, that they get to spend. On a side note though, grannies really aren't afraid to get their hands dirty with developers so I'm not sure what point you're trying to make.


stray: Posted: May 4, 2014 9:48 a.m.

@bbcalvin -

Most people that have lived out in the zip codes 91350, 91351, 91355, 91387, 91321, etc..., have all seen their city name incorporate into Santa Clarita. All permits, back then, were drawn up thru LA County.

The map you provided is a good indication of the actual incorporated cities and soon to be incorporated. It amazes me that the developer is listing this development as Santa Clarita on their websites.

And your earlier statement about several posters here are "clueless" is really out-of-bounds...

PS... For your information bb, most of us here that post at the Signal, really do LOVE each other! :) However, we really do LOVE to bash one another when someone steps over the line, so we will continue to bash the council grannys et al when they REFUSE to listen to the community who put them in office... It's called "payback" when they hold their noses in the air.


stray: Posted: May 5, 2014 1:56 p.m.

“California is experiencing a historic drought with no end in sight. We need to save water now – not only to get us through this year, but likely for 2015 as well,” said Matt Dickens, Valencia’s Resource Conservation Manager.

http://www.signalscv.com/section/36/article/119282/



Pssss.... It doesn't seem to faze the builders ONE bit Mr. Dickens!


SingleMomOfOne: Posted: May 6, 2014 9:48 p.m.

This must be the reason for the landmovers tearing down more of the valleys natural landscape...why not build on land already cleared...so more people can live beyond their means and make this valley even more of a degenerate pit...can see the equipment from my balcony...used to be such a nice view too...more houses for entry level owners? At half a million! What are they smoking, must be some good yuppie stuff.


Unreal: Posted: May 7, 2014 10:58 a.m.

I thought we had an huge number of baby boomers coming along who want to downsize and use the extra money toward retirement. I don't see much being built for them. I sure don't want a condo but would like a newer small
(1000 - 1300 sf)house at or about 400,000. I will need this in about 3 years or so unless my kids never move out.



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