Construction Maison

The developer of a large proposed Lomita apartment complex will pay the city more than $450,000 initially and then $50,000 annually in development fees to offset the effects of a project more dense than municipal standards currently allow. In addition, to get around the density issue, the city plans to create a specific plan for the area that would permit residential densities of up to 88 units an acre. That’s the exact density of the 220- unit Picerne Apartments , which would sit on a 2.7-acre site on the Torrance border at the northeast corner of Lomita and Crenshaw boulevards. The Planning Commission will discuss the project and specific plan at a 6:30 p.m. Monday public hearing at City Hall, 24300 Narbonne Ave. City staff is recommending approval of the project, saying it is consistent with the goals and objectives of the city’s land-use policies. “Specifically, the project furthers these goals by developing an under-utilized parcel, helping to address a documented housing shor...

The following discussion of our financial condition and results of operations should be read in conjunction with the financial statements and notes thereto and other financial information included elsewhere in this report. Certain statements contained in this report, including, without limitation, statements containing the words "believes," "anticipates," "expects" and words of similar import, constitute "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks and uncertainties. Our actual results may differ materially from those anticipated in these forward-looking statements as a result of certain factors, including our ability to create, sustain, manage or forecast our growth; our ability to attract and retain key personnel ; changes in our business strategy or development plans; competition; business disruptions; adverse publici...

Family Development and Presidio Residential Capital have received unanimous approval from the Indio City Council to build Virada, an environmentally responsible 660-acre master-planned community with 1,300 houses, townhomes, condos and apartments in northern Indio. "The Coachella Valley has never had a sustainable community, let alone a sustainable master -planned community of this size and diversity,” said Vincent Barbato, principal of Family Development. “We’ ve created Virada to promote a healthy, active lifestyle with special significance on embracing the environment and forging community pride .” Virada will include 284 acres of open space and public parkland, a clubhouse and pool and a two-and-a-half- acre commercial center strategically located to be within a five-minute walk for all residents. The community is connected by a loop road with wide sidewalks and paths for bikes and neighborhood electrical vehicles . A dedicated solar field is expected to generate enough ...

Washburn Place townhouses will rent from $895 to $1,125 per month. Despite a sometimes soggy spring, construction of the 30-unit “workforce” townhouse project in Marshall remains on track. Washburn Place on Salem Avenue should be completed by year's end, as planned, Windy Hill Development Co. President Kim Hart said. “We’ve had the advantage of an open winter,” Mr. Hart said. “So we were able to work all the way through the winter.” The two-story, 1,130-square-foot units will include three bedrooms, extra insulation, energy-efficient windows and “water-saving devices” on all faucets and toilets, Mr. Hart said. He expects the townhouses, which will rent for $895 to $1,125 per month, to lease quickly. “The need for workforce housing in all of Northern Virginia is just tremendous,” Mr. Hart said. “At all Windy Hill properties there’s always a long waiting list .” The Loudoun- based nonprofit ’s project serve “working people,” he said. “There are many, many people that are earni...

US Concrete Inc (NASDAQ:USCR) Q2 2017 Earnings Conference Call August 08, 2017 10:00 AM ET Executives Kevin Kohutek - Vice President and Chief Accounting Officer Bill Sandbrook - President and Chief Executive Officer Analysts Trey Grooms - Stephens Inc Adam Thalhimer - Thompson, Davis Scott Schrier - Citi Craig Bibb - CJS Securities Stanley Elliott - Stifel Nicolaus Roresa Mojo - D.A. Davidson Operator Good day, ladies and gentlemen, and welcome to the U.S. Concrete, Inc. Second Quarter 2017 Earnings Conference Call . [ Operator Instructions ] I would now like to introduce your host for today's conference, Kevin Kohutek, Vice President and Chief Accounting Officer . You may begin. Kevin Kohutek Thank you, Israh. Good morning, and welcome to U.S. Concrete's Second Quarter 2017 Earnings Conference Call . Joining me on the call today is Bill Sandbrook, our President and Chief Executive Officer . Bill and I will make some prepared remarks, after which we will open the call to your ...