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olympian hills bakersfield ca

Olympian hills bakersfield ca

But on Friday, K. Hovnanian’s chief legal counsel said the Arvin tract is not necessarily terminating new construction.

No markings indicated this was the Castellina tract of Dallas-based Centex, which announced the new neighborhood’s opening in October.
“Because of current housing market conditions, we have stopped operations in Castellina,” said Centex spokeswoman Julie Callahan in an e-mail response to a phone message. “In the meantime, we will maintain the site appropriately.”

Two major builders have abandoned housing projects near northeast Bakersfield’s City in the Hills development. A third is halting construction at an Arvin site it recently said was going forward.
“No decision has been made to close our Arvin communities,” said Joseph Manisco in an e-mail. “Any comment to the contrary would, presumably, be based on speculation as a result of the challenging real estate market in which we currently find ourselves. As long as our customers tell us they want homes in Arvin, we will be building them.”
Another national builder with a local presence, Atlanta-headquartered Beazer Homes, formally pulled out of Fresno in June, as well as recently leaving Colorado.
Last month, the Los Angeles headquartered national homebuilder sold a different northeast parcel for $765,000 — about $2.5 million less than it paid for the land in 2005.
Joseph Manisco, K. Hovnanian’s chief legal officer at the company’s Southern California regional office in Ontario, did not return calls seeking confirmation of the stoppage Thursday.

Dumped outside the trailer’s locked door — where three faded business cards are wedged, one from a county code compliance officer — are blueprints, engineer’s reports and a heap of new homeowner’s binders.

Two major builders have abandoned housing projects near northeast Bakersfield’s City in the Hills development. A third is halting construction at an Arvin site it recently said was going forward.