The Business Journal: "Visalia Home Builder Closes On Nine Acres; 51-Home Subdivision In The Works

Written by The Business Journal Staff

Construction is scheduled to begin in January on Catalina, a new 51-home residential development planned for northwest Visalia.

San Joaquin Valley Homes and Presidio Residential Capital announced that they’ve closed on the purchase of a 8.75-acre parcel off Ferguson Avenue, west of Highway 63 where the single-family homes will be built.

“Because we’re based in Visalia, we know how great it is to live here,” Joe Leal, co-founder of SJV Homes, said in a press release. “Homes in this area are moving quickly, and prices are rising. We’re pleased to be able to offer quality houses in a great location with Catalina.”

The homes will be built on 5,000-square-foot lots close to shopping, public transportation, major employers and Highway 99, states a press release from the developers.

A grand opening to view model homes is expected to occur in spring of next year, while construction on all the homes is expected to be finished by July 2019.

 

 

Lisa Walker