by Daily News — A collection of residences in one of Southern California’s most sought-after neighborhoods. 

There’s been much excitement around the previewing of Moreton Place in Glendora—a limited collection of 40 single family detached new homes by Watt Communities.

These spacious floor plans offer between 1,634 and 1,782 square feet of living space, up to four bedrooms and a two-car garage. Guests can explore the virtual tours in the sales office, as models are scheduled to debut in late 2018.

“We are excited to share this new home community in one of Southern California’s most sought after neighborhoods,” said Southern California Division President Nam Joe. “This location offers residents convenient access to excellent schools, local dining and shopping, and the Foothill Gold line.”

Established in 1887, Glendora is nestled in the foothills of the San Gabriel Mountains. Glendora Village has been voted as one of the best downtowns in the San Gabriel Valley. It hosts dozens of restaurants, cafes, shops and boutiques along the main street with many community events scheduled throughout the year. A small-town vibe combined with a consistently high-ranking school district have made the city an attractive choice for homebuyers. Glendora Village offers unique dining and shopping experiences for everyone.

Our commitment to building quality homes coupled with close attention to detail make Watt Communities a smart choice. Residents will enjoy a low monthly HOA fee that covers a community tot lot, picnic area and built-in barbecue. These two-story homes are pre-selling in the $600,000s.

Those interested in a new home at Moreton Place are encouraged to schedule an appointment by calling 626-773-4444 or by going to MoretonPlaceGlendora.com. The sales office is open 10 a.m. to 6 p.m.

LOS ANGELES–(BUSINESS WIRE) — Competition rewards the most innovative and scalable approaches to services for the homeless population in L.A. —  The Watt Family is awarding a total of $350,000 to implement two winning ideas selected through the LA Homelessness Challenge, a competition to reward scalable service models and game-changing solutions to serve those experiencing homelessness in L.A. County.

“By funding awards through the LA Homelessness Challenge, we are optimistic that we will be able to find groundbreaking and scalable solutions that will provide tremendous relief to the thousands of homeless people in our City, and ultimately, ease us out of this crisis once and for all.”

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Los Angeles currently has the largest population of chronically homeless residents in the nation, a distinction that has become an identifying mark for the city and a rallying point for people fighting against this growing crisis.

“For 70 years, our family has been building homes for Angelenos. We understand the importance of having a safe and welcoming place to live,” said Nadine Watt, President of Watt Companies. “By funding awards through the LA Homelessness Challenge, we are optimistic that we will be able to find groundbreaking and scalable solutions that will provide tremendous relief to the thousands of homeless people in our City, and ultimately, ease us out of this crisis once and for all.”

The LA Homelessness Challenge is a partnership between United Way of Greater Los Angeles, the Home for Good Funders Collaborative, and the Watt Family. To select the winners, the LA Homelessness Challenge brings together a panel of foundations and other private and public organizations committed to alleviating the homelessness crisis in Los Angeles. Through this competition, we aim to deliver a pipeline of solutions that can easily expand with more support. Each proposal will be read by a panel of judges, and all applicants will be provided with comments and feedback to further develop each solution, regardless of whether the idea is selected as a winner.

At a time when the voters of Los Angeles have agreed to spend hundreds of millions of dollars to tackle homelessness through Measures H and HHH, we must ask those serving our homeless population to consider how to scale. Many have struggled on the front lines of this cause with limited support for too long, and as the wave of new public funding approaches, now is the time to consider how expansion brings its own set of unique challenges. Applicants must have at least one or more team members with experience working with homelessness in Los Angeles County.

To learn more or register to apply, please visit www.lahomelessnesschallenge.org.

About Watt Companies

Watt Companies offers comprehensive and diversified real estate services across the United States to investors and partners, homebuyers and commercial customers. These services include commercial development, homebuilding, asset management, and the realization of capital investments. In its 70-year history, Watt Companies has developed homes for over 100,000 families, built over eight million square feet of industrial and professional office space, developed more than 50 shopping centers, three major first-class hotels, and six major master-planned communities.

Contacts

for Watt Companies
Molly Hogin
(310) 974-693
molly@sugermangroup.com

Entrada is a limited collection of 20 single-family detached homes with 3 bedrooms and 2 ½ baths. The modern open floorplans, ranging from approximately 1,553 to 1,665 sq. ft., are great for entertaining friends and family. Located within an established area, a feeling of traditional values and community fills the space. 

These homes provide an ideal location for those seeking proximity to work, schools, and recreational amenities. 

Los Angeles Mission College is less than ¼ mile and serves as a hub of culture and community involvement for over 30 years, offering concerts and events like the San Fernando Valley Food & Wine Festival.

For commuters, the 210 and 118 freeways are less than 2 miles away, with the 5 and 405 freeways under 4 miles. If you need to catch a flight, Bob Hope Airport is approximately 9 miles away. 

El Cariso Community Regional Park is less than 1 mile away and offers swimming, tennis, golf, hiking, baseball and cycling. Enjoy additional recreational amenities at the San Gabriel Mountains and Knollwood Country Club. 

Close attention to detail is what makes a new home at Entrada special. Over 71 years of experience and innovation has gone into creating homes that are just as relevant and energy efficient today as they will be for years to come.

WEST HILLS, CA, (GLOBE NEWSWIRE) — Watt Communities and Presidio Residential Capital have acquired 1.91 acres in West Hills, Calif., where they plan to build a new gated community with 43 single-family homes. The joint venture partners expect to break ground in August 2018 and begin vertical construction in December 2018 on the neighborhood. The retail value of this project is expected to exceed $25 million.

“With its beautiful rolling hills and tranquil lifestyle, West Hills is one of the hottest sleeper markets in the Los Angeles metro area, and we’re pleased we can relieve the pressure on homebuyers with this beautiful new neighborhood,” said Nam Joe, division president for Watt Communities, which specializes in infill development. “We are anticipating high interest in this new community.”

This residential project will offer lots ranging in size from 1,900 to 2,290 square feet at the infill site, which is located at 22135 Roscoe Boulevard in West Hills, just off the 101 freeway in the San Fernando Valley. West Hills offers small-town, family-friendly charm with many trees and parks and is just 30 minutes from downtown Los Angeles.

According to the National Association of Home Builders’ formula to determine the local impact of single-family housing in typical metro areas, adding 43 single-family homes will generate $12.3 million in local income, $1.5 million in taxes and other revenue for local governments and 30 local jobs.

This project is Watt Communities’ 5th joint venture project with Presidio Residential Capital, a San Diego-based real estate investment company.

About Presidio Residential Capital
Presidio Residential Capital is a real estate investment company focused on the residential housing sector. Headquartered in San Diego, California, the firm provides capital in the form of joint ventures for the entitlement, development and build-out of for-sale residential projects throughout the Western United States. Presidio has infused more than $1 billion into the economy to capitalize the housing industry. The firm’s goal is to invest in excess of $150 million in capital for home-building projects in the Western United States in the next 12 months. It currently has investments in Arizona, California, Nevada, Colorado and Washington with current committed capital of $800 million focused on 100+ projects. The firm is affiliated with a privately held registered investment advisor specializing in alternative investment strategies who has a long history of investing in the home-building sector. Current assets under management total more than $2.5 billion. Online and social media:www.presidioresidential.com, Facebook, Twitter and LinkedIn.

About Watt Communities
Founded in 1947 by Ray Watt, this third-generation family-owned business is a multi-faceted company. The company successfully grew from a small building business to a large real estate development organization credited with more than $6 billion in completed projects. Watt Communities is highly regarded in the home building industry as a premium quality builder. The company is widely recognized by industry leaders, financial institutions, and the brokerage community for its expertise in community entitlements, land acquisition and development, home building operations, and financial management. www.wattcommunities.com

Citrus Heights Sentinel—A 55-acre housing development and open-space park has been proposed to replace the golf course on Arcadia Drive in Citrus Heights, located near Sunrise Boulevard and Greenback Lane.

The 261-unit housing proposal, submitted to the city by Watt Communities last month, includes 76 new single family homes, 72 “cluster units,” and 113 “alley loaded units.” The development would be situated with Montage Apartments on its northeastern border and Arcadia Drive and the Citrus Town Center to the southwest.

Kevin Webb, Northern California division president for Watt Communities, said the housing is planned to be spread out into three general communities, with a large swath down the middle remaining undeveloped due to a 100-year flood plain associated with Arcade Creek. He said cluster units are proposed to feature a master bedroom downstairs and be targeted towards seniors, while other units would be targeted towards first-time home buyers and new families.

Webb said prices will range from the “high 2’s to low 4’s,” with sizes ranging from 1,400-square-feet to 2,500-square-feet. All homes would be governed by a home owners association.

A tentative subdivision map submitted to the city shows proposed homes being accessible through two entrances on Arcadia Drive, as well as an entrance on Fair Oaks Boulevard and an emergency access route connecting to Sunrise Boulevard.

Apart from one connector road through the middle, Webb said there “will be no construction going on” in the flood plain area. He said 25 of the 55 acres would be given to the Sunrise Parks and Recreation District — which would be set aside for “multi-use trails, passive park facilities, and associated improvements,” according to the city’s planning division web page.

(see proposed site map)

The large development is rare for Citrus Heights, which is almost entirely built out as a city.

Nick Lagura, an associate planner with the City of Citrus Heights, called the proposal’s location “the last large development site in the city.”

The acreage is being sold by Ted Mitchell, whose family purchased 160 acres in Citrus Heights for “1500 gold pieces” over 100 years ago, according to Webb. Mitchell, now 90 years old, still owns a significant amount of acreage in the area, including the land where the Citrus Town Center sits.

Watt Communities has worked with Mitchell in the past, purchasing property from him on Antelope Road in order to build the recently completed 46-home AutumnWood development in Citrus Heights, near Interstate 80. Webb said discussions with Mitchell about the project began about a year ago, with the proposal officially being submitted to the city last month.

Colleen McDuffee, planning division manager for the city, said the proposal is in its early stages and will need a full environmental impact report. She estimated the city council voting on the project “probably in 2018.”

Addressing a handful of questions raised by residents at a neighborhood meeting at city hall earlier this month, Webb said the development would not include low-income housing, although he said prices would be “affordable.” McDuffee also confirmed the city does not have low-income housing requirements for new developments in Citrus Heights.

Other questions included “where are the grandkids going to park?” “what if there was a fire?” and if the units would be so close you could “reach your hand out and touch the next house.”

Webb said spacing between homes would differ from lot to lot, with the goal to “make more use out of less space” without becoming too crowded. He later told The Sentinel that density is planned for 8 to 13 units per acre, while in comparison he’s built up to 18 units per acre — which he said becomes too dense.

For parking, Webb said the development is planned for one-and-a-half parking spots per unit, meaning a 30-unit community would have 45 parking spots at the street — in addition to two garage spaces.

“We’re over-parking the project,” said Webb, comparing the development to some in Southern California with limited parking. “We’ve done it wrong before, so we want to be careful.”

Discussion was also made about a comment by Councilman Bret Daniels who said during the meeting he was concerned about the “riff-raff” associated with the bus stop on Arcadia Drive. He noted the proposal called for homes facing outward towards Arcadia with only a three-foot wall separating them from the street, rather than facing the homes away from the street.

Webb responded that facing the homes outward would “help prevent crime” and give a more welcoming look, rather than facing the homes inward and having a tall wall along the street — as is the case with the AutumnWood development on Antelope Road.

Asked about similarly designed communities in the area for comparison, Webb referenced KB Home’s Marquee development off Fair Oaks Boulevard. He also said AutumnWood has similar home elevations as the new proposal.

Webb said the project is currently at the community feedback stage and he expects the project will undergo significant changes prior to being presented to the planning commission.

Santa Monica-based homebuilder Watt Communities says it has closed escrow on a 22-home community on 6.2 acres in the unincorporated area of Sacramento County.

It’s the fourth Sacramento-area infill housing project landed by Watt this year.

The new community, called Woodmont, will be built along Codman Lane, just south of the intersection of Madison Avenue and Sunrise Boulevard. Construction is expected to begin within 60 days.

Other Watt projects announced earlier this year are AutumnWood, 46 homes being built on 9.2 acres along Antelope Road near Interstate 80 in Citrus Heights; The Village at Fair Oaks, a 55-home community on 6.2 acres on Madison Avenue, just south of Citrus Heights; and Woodbury, 17 homes to be built on 7.3 acres along Fair Oaks Boulevard just south of Sunset Avenue.

Kevin Webb, president of Watt’s Northern California division, which has an office in Roseville, said in a statement that “…we look forward to building these four projects over the next year and finding other available properties to develop.”

Kyle Mittan, The Republic | azcentral.com

A new pair of housing developments coming to north Phoenix will fill vacant land and help refresh the neighborhood, Phoenix City Councilman Sal DiCiccio said.

Watt Communities of Arizona is building two gated single-family home developments.The Enclave at 32nd Street will be on about 3.5 acres just south of the southwestern corner of 32nd Street and Cactus Road. And 16 Ocotillo will go in a 3-acre plot at the southwestern corner of 16th Street and Ocotillo Road.

The Enclave at 32nd Street will have 31 homes; 16 Ocotillo’s total has yet to be determined. The houses’ price range also has not been determined.

Both projects are scheduled to break ground late this year, with models set to be completed by mid-2015, said Steve Pritulsky, Watt Communities of Arizona president.

Pritulsky said that new homes in both areas were few and far between since the downturn in the housing market. Creating infill projects like these, he added, helped make the lots useable again.

“Typically, there’s a greater degree of profitability in the infill market,” Pritulsky said. “To some extent, they’re kind of insulated a great deal from direct competition.”

He said infill developments also directly help the community by using resources that already exist.

“So often you hear criticism that the development industry promotes sprawl and the outward march into the suburbs,” he said. “So I think one of the most basic things that it does for the community is that it leverages off of existing infrastructure, and it doesn’t create the need to basically expand the city. You’re filling in the gaps.”

Both locations are near shopping areas, with Paradise Valley Mall 2 miles from the Enclave at 32nd, and 16 Ocotillo within walking distance of restaurants and retail space along 16th Street.

DiCiccio said the trend to move back toward the inner city and away from the suburbs is growing. 16 Ocotillo falls within DiCiccio’s district.

“It’s better for the environment, it’s better for our neighborhoods and it’s just better long-term for the individuals using our roadways,” he said. “They don’t have to go from a spot many miles away, they can now go from the center of the city.”

DiCiccio added that a fresh look is better for a neighborhood’s longevity.

“Every neighborhood in the country goes through different stages in the growth to maturity and sometimes decline,” he said. “You have to keep re-establishing yourself.”