Walton Announces Signed Option Agreements for Two Properties Located in Inland Empire, Calif.
Walton is pleased to announce that residential exit-focused option agreements have been signed for two properties located within Inland Empire in Southern Calif. The two properties are known as Riverside View and West Creek. A top national homebuilder is planning residential development in phases for both properties.
Riverside View is 79 acres within the city of Menifee. The property is near Interstate 215 which connects the city centers of Riverside and San Bernardino and Interstate 15, the major north-south state highway and State Route 74, the highway running from Palm Desert in Riverside County. The national builder intends to develop approximately 101 lots on this parcel of land.
The city of Menifee is recognized as one of the top 10 cities for growth in Southern California. Menifee is attracting young families looking for shopping, dining, and entertainment amenities in their own community. The business-friendly city is investing more than $170 million in infrastructure and traffic improvement projects over the next five years, according to the City of Menifee.
West Creek is 179 acres located in the city of Victorville in San Bernardino County. The property is located east of State Route 395 and west of Interstate 15 (I-15). I-15 provides easy access into Los Angeles and San Bernardino and serves as a main connection between Southern California and Las Vegas. The builder anticipates developing approximately 829 residential lots on this land parcel.
Victorville is a leader for both industry and retail in the High Desert region. It is a growing, vibrant community home to desert vistas and family-friendly recreational activities including Spring Valley Lake, and within a few miles of SouthernCalifornia beaches; located within a 10-minute drive of shopping centers, restaurants and three schools.