SunCal to continue work on Marblehead Coastal
The Marblehead Coastal property, one of the last oceanfront communities to be developed in Orange County, is beginning to pick up steam. According to the Orange County Register’s article “Marblehead Coastal project showing signs of life,” Marblehead Coastal master developer SunCal has obtained the required financing from its lender to continue work on the development’s infrastructure. This includes pouring the concrete for the deck of the Avenida Vista Hermosa bridge; building curbs and installing utility lines on Avenida Pico; and preparing to grade one of the commercial sites in the next few weeks.
Marblehead Coastal promises to be a spectacular development, both from a residential and infrastructure perspective, making the news of continued progress in the preliminary stages very encouraging. The homes themselves, built in the classic European villa style, promise to be some of the most beautiful and unique pieces of real estate in San Clemente. The commercial side of the development will include a large outlet center with retail shops, restaurants and a new movie theater, along with a hotel and business centers. Infrastructure is crucial in small beach communities like San Clemente; it adds value to the real estate while creating a variety of new amenities for San Clemente residents and guests. As Marblehead Coastal will also offer trails, parks, large open spaces and gorgeous ocean views, the development will offer something for everybody. Clearly, San Clemente continues to distinguish itself as the premier coastal community in Orange County!
September 17th, 2008 at 9:30 am
[…] SunCal halted sales at the development and closed the sales center. As we showed in a previous entry, it seemed that SunCal was getting back on track with a new round of funding that allowed them to […]