Thursday, October 10, 2013

Thursday, Sep 26 2013 05:24 PM Worth noting in business: Developer buys 175 acres in Seven Oaks




Thursday, Sep 26 2013 05:24 PM

Worth noting in business: Developer buys 175 acres in Seven Oaks

By THE BAKERSFIELD CALIFORNIAN
Bolthouse Properties LLC has sold 175 acres within southwest Bakersfield's Seven Oaks master-planning community to a Mission Viejo company with plans to build 750 homes there over about the next four years.
Buyer Pacific Cascade Group, an affiliate of Woodbridge Pacific Group, said in a news release it hopes to hire local homebuilders to help it develop the property directly south of Grand Island Village. It has targeted spring 2015 for the first home openings.
The development is expected to including a gated apartment community, an assisted lived/memory care facility and a shopping center by Bolthouse Properties.

Seven Oaks will get $28 million assisted living campus

http://www.bakersfieldcalifornian.com/local/x196573219/Seven-Oaks-will-get-28-million-assisted-living-campus