Sycamore Hills is a fully entitled mixed-use “village” master plan with approximately 325 residential units and 80,000 square feet of retail space, located in the City of Upland at the Claremont/Upland border, the gateway to Los Angeles County. The subject offering consists of 145 single family homes within two neighborhoods, which allows for the delivery of complimentary housing product ranging in size from approximately 1,570 to 2,300 square feet on a mix of 2,000 and 3,055 square foot minimum lots. Offsite improvements and grading operations for the site began in January 2016, and the site will be delivered as a superpad at the estimated close of escrow in June 2016.
Sycamore Hills represents a rare opportunity to deliver single family homes in a highly desirable and supply-constrained submarket, with only 84 home sites remaining within active communities in the competitive market area (defined herein). No community in the competitive market area offers Sycamore Hills’ combination of master-plan integration, single family detached product, premium walkable amenities, proximity to transportation corridors and highly ranked schools. As a result, Sycamore Hills is uniquely positioned to capture homebuyer demand from the San Gabriel Valley that would not otherwise look to buy in the Inland Empire markets