Tag Archives: San Elijo Hills Development Company

San Elijo Hills Towncenter Update from San Elijo Hills Development Company & Ambient Communities

San Elijo Hills Towncenter Update from San Elijo Hills Development Company & Ambient Communities 
Dear San Elijo Hills Residents,

As an update to last year’s town hall meeting (during which we shared the designs that you’ve seen reflected on the banners in the Towncenter), we are happy to report that we have been working cooperatively with Ambient Communities, and the City of San Marcos toward finalized designs and approvals for the second phase of San Elijo Hills Towncenter.

In that effort, we are very hopeful to receive a Site Development Permit before the end of March. Assuming we and the City are able to meet this important milestone, we intend to process the Precise Improvement Plans starting in March so that we can begin grading by early June. Vertical construction is planned for September, with the first shops opening their doors around April of 2018.

Ambient has been actively considering leasing interest for the past many months and looks forward to announcing the first businesses by mid-Summer of this year. A sincere thank you to many of you who have referred the Towncenter to businesses you would like to see open shop here in your community.

As we progress over the next several months, we will continue to provide updates to our efforts and refinements to these anticipated timelines.

San Elijo Hills Development Company & Ambient Communities

September 2016 San Elijo Hills Community Association HOA updates

San Elijo Hills Block Party

Please see below for the most recent San Elijo Hills Community Association HOA updates:

Block Party in the Town Square

Join us September 9, 2016 in the town square park at 6 pm for another Block Party in the Town Square! Getting the party started will be a live DJ, dancers, dance floor, music and lights! We will have interactive games (for all ages!), contests, prizes, photo booth and more surprises! Only one way to find out…come join us!

A local fire truck and ambulance will be on the scene for your enjoyment!

Food and beverages are also just steps away! Enjoy one of the local eateries or grab a bite from one of the delicious food trucks.

The party begins on 9/9/16 at 6:00 p.m. and goes approximately 9:00 p.m. For more information, feel free to contact Liz McCardle at sehdirector@waltersmanagement.com or call (760) 798-9015.

San Elijo Hills Community Association Onsite Office

The San Elijo Hills Development Company’s Visitor’s Center is now closed. Not to worry!

The office has now transitioned solely to the Association’s onsite office.

Liz McCardle will continue at the onsite office supporting the Board of Directors and Architectural Review Committee through the management of community-building activities, community events and the architectural approval process!

Please contact Liz McCardle at 760-798-9015 or by email: sehdirector@waltersmanagement.com.

For all other Association related matters, please contact the Community Association Manager, Rebecca McDonald at 760-431-2522.

2016 Annual Meeting & Election

In the coming months, homeowners will have the opportunity to elect one member to the Board of Directors as well as Neighborhood Representatives for the following communities: Acacia, Bella Vista, Calistoga, Cambria, Carmel, Cedar Crossing, Crest View, Luminara, Promontory Ridge, Saverne, Sanctuary, Terraza, The Estates, Waterford, and Westcliffe.

If you are interested in serving your community in either of these positions, please complete and return the Candidate Nomination Form no later than Monday, October 3, 2016. If you have any questions please contact Rebecca McDonald, Community Association Manager, at (760) 431-2522 or rmcdonald@waltersmanagement.com

Entry Feature Landscape Renovation-Update

O’Connell Landscape is out there working hard and installing the finishing touches for the entry feature location. Many of the plants are in, and we anticipate completion of this project the first few weeks of September. We appreciate your patience and understanding during this time!

For more information, feel free to contact Liz McCardle at sehdirector@waltersmanagement.com or call (760) 798-9015.

Shop the Square

The San Elijo Hills Foundation is supporting the Sidewalk Saturday in the Town Square is this Saturday, September 24th from 10am-2pm! This is your chance to meet 50+ local area businesses & get a kick-start on your holiday shopping right in the town square around the fountain area. There will be fun music, food trucks and the opportunity to connect with several of our most active community groups. Stop by and show your support of all things local at this very special community building event!

Next Board of Directors Meeting: October 18, 2016

The next Board of Directors meeting is scheduled for 10/18/16, 6:00 pm at The San Elijo Hills Recreation Center (1105 Elfin Forest Road San Marcos, CA 92078).

Community Yard Sale

The San Elijo Hills Community Association is sponsoring a community-wide yard sale! All residents are welcome to participate in this FREE event! The yard sale will be held on Saturday, 9/24/16 from 7AM-11AM. Directional signage will be placed out the morning of the sale to the individual neighborhoods. Please note, there will be NO MAPS distributed indicating which individuals homes are participating. Please feel free to add additional signage in the community after 8PM the night before (Friday 9/23/16) so long as it is removed promptly after the event.

For more information, please contact Liz McCardle at sehdirector@waltersmanagement.com.

Save the Date-Oktoberfest

Save the date for the most popular event of the year! Oktoberfest!

Come celebrate Oktoberfest with your neighbors on Sunday, October 16th
3:00PM-6:00PM at the lower softball field of San Elijo Hills Park!

Please remember to bring proof of residency to gain entrance into the event. If your teens or kids come on their own, please remind them to bring identification.

If you have any questions regarding the event or would like additional information, please feel free to contact your Community Director, Liz McCardle, at (760) 798-9015 or email sehdirector@waltersmanagement.com. Hope to see you all there!

Trails Cleanup Day

The California Coastal Cleanup Day (CCD) has been set for 2016! The San Elijo Hills trails system is a designated California Coastal Cleanup Day (CCD) area, and we need volunteers!

The trail system within San Elijo Hills is such a beloved feature of our community! Please join us on Saturday, September 17th from 9:00AM-12:00PM to help clean up the trails!

Volunteers will meet in the Town Square (by the fountain) of San Elijo Hills at 9:00AM. Walk-ups are welcome but pre-registration helps us with site logistics, so if you know for sure you want to help, please register online at cleanupday.org.

Special Instructions: All volunteers should wear comfortable closed toed shoes and sun protection. You can help reduce waste by bringing your own reusable water bottle, and gardening or work gloves. Note: every participant in CCD needs to sign a waiver; anyone under the age of 18 needs a parent or guardian signature to participate!

Students are eligible for community service hours, and prizes will be given out for the most trash collected!

Together we can all make a difference!

Complete Video and Photos from San Elijo Hills Town Center Development Meeting

Watch the Facebook Live video stream of the Town Center update from the developer Ambient Communities as they share proposed plans and elevations for development in the second phase of San Elijo Hills Town Center.

Join the conversation on our Facebook page with over 205 comments so far. Here are some design and overview maps and photos from the meeting.

 

BRADLEY ST NORTH CORNER Site Plan that goes with dimension plan Phase 1 (Click to see over view site map)SOUTH CORNER EAST CORNER-2 Site plan that goes with dimension plan All phases (Click to see over view site map)

San Elijo Hills Towncenter Update

 San Elijo Hills Town Center Development

Happy Friday, San Elijo! For those of you anxious to hear more about the towncenter (that’s pretty much everyone!)… we…

Posted by San Elijo Hills on Friday, March 11, 2016

Congratulations to the The San Elijo Hills Odyssey of the Mind Team on their state Championship!

The San Elijo Hills Odyssey of the Mind Team

San Elijo Hills is proud to support this amazing 5th grade team of students from our community as they prepare to compete at the Odyssey of the Mind World finals!

Odyssey of the Mind is an international educational program that provides creative problem-solving opportunities for students from kindergarten through college. In this annual competition, team members apply their creativity to solve problems that range from building mechanical devices to presenting their own interpretation of literary classics.

The nonprofit San Elijo Hills Foundation provided the team with the nonprofit status they needed to enter and compete.

San Elijo Hills Development Company has committed to match funds up to $2000 for monies raised. This is your chance to double your support.

Here’s how you can help.

Please take a minute and make a contribution – small or large – to their fundraising campaign posted at http://www.gofundme.com/qqf5bg.

Mayor Desmond Pressures San Elijo Hills Development Company on San Elijo Hills Town Center Development

San Elijo Hills

Council member Chris Orlando invited HomeFed/San Elijo Hills Development Company to give an update on the status of the undeveloped portions of the San Elijo Hills Town Center. Paul Borden, President of HomeFed spoke before City Council on Tuesday evening. You can watch his recorded presentation here about 15 mins into the agenda. Here are our efforts to summarize the presentation and the exchange with The Mayor and Council Members.

Paul Borden started with some history. San Elijo Hills Development started developing San Elijo Hills in 1998. The Town Center was started in 1999. Albertsons was built in 2007, and the MarketWalk shops were completed in 2009. In 2011 and 2012, Chase Bank and Pacific Preschool purchased land and developed the respective buildings. Paul stated the remaining portions have been HomeFed’s “Achilles’ heel”.

Borden explained that HomeFed has looked at various mixes of retail, medical, office, live/work units. HomeFed has worked with two different agencies to secure a developer or builder. Borden spoke about the slowdown in retail and his resistance to bringing a big national chain. Borden spoke of his patience and support of the current retail and the San Elijo Hills Development Company marketing campaigns to encourage residents to shop locally.

Borden briefly mentioned that he has two developers/builders that are interested in developing the parcels and HomeFed is now in negotiations with those perspective developers/builders. He did not give specifics.

Mayor Desmond asked what is the status of completing the entire development of San Elijo Hills? Borden responded with the fact that there are roughly 3,300 approved units/homes with 150 units/homes left to build-out. Borden estimated they are 85% to 95% complete with San Elijo Hills. Mayor Desmond responded “The time is now to build out the Town Center. People have bought into the dream.” Borden responded: the residents of San Elijo Hills are our biggest supporters and they have purchased multiple homes in our community and sold homes to friends etc. Mayor Desmond responded with “Get it going, get it done.”

Borden explained this is a project of pride for HomeFed and they would like to keep the standards high and they did receive the feedback from the residents who were not looking for 40 more residential units in the Town Center. HomeFed just could do the  “Just build it and they will come concept”.

HomeFed did not volunteer any specifics on the two negotiations they are engaged in. Council Member Jabara pressed this issue and Borden responded with: they’re looking at a mix of residential and retail and no longer interested in building the approved parking structure. It sounded like they are looking at 9-12 row homes and up to 13,000 SQF of retail but Borden said the retail will not work. HomeFed would like to keep the quality of spaces and construction on par with the rest of San Elijo Hills.

Council Member Orlando stated “I’ve been involved in this project for a very long time, but we now have roofs and we now have traffic it’s been 14 months since your last plan was presented in a San Elijo Hills community forum and you’ve been silent with the public and residents”.

“Residents have seen significant retail go up around them. They ask how are they able to get that done?” Council Member Orlando felt the shops are doing well and it’s time to talk about “what is next”.

Borden again stated he was not supportive in placing a national brand and he was going to work with The City and possibly scale back their current entitlements. Borden stated he was willing to meet with The City.  Council Member Orlando encouraged them to be receptive to more community input.

At this point the tension escalated the mayor said “Same old song and dance. Same story waiting for the perfect time, you guys made a lot of money in San Elijo Hills, you are still going to have ups and downs but I’m very frustrated. I will not vote to approve anymore parcel maps for San Elijo Hills residential units.” Borden responded “That is not helpful. I did not come here to get into an argument with Council”.

Council member Jabara stated you are 85% to 95% built-out, the roads are impacted, the schools are impacted, residents see large new anchor tenants nearby in La costa and they are frustrated. Borden said we hear you, maybe we need to scale back maybe we need to be more flexible, we just can’t build retail and have it sit vacant.

Mayor Desmond removed item 8 from the Council consent calendar, this was a final map approval for tentative subdivision map for Phase 5 units 8 and 9 (48 Lots) of San Elijo Hills near Double Peak park and the water tower.

Listen to the video recording of the meeting here the Town Center discussion starts at 15 mins: http://www.san-marcos.net/index.aspx?page=34

 

HomeFed Corporation Completes Initial Closing of Acquisition

HomeFed Corporation Completes Initial Closing of Acquisition of Portfolio of Real Estate Assets from Leucadia National Corporation

CARLSBAD, Calif.–(BUSINESS WIRE)–

HomeFed Corporation (“HomeFed”) announced today that on March 28, 2014, it completed the initial closing of its acquisition of certain real estate subsidiaries and investments and cash of approximately $12.5 million (subject to post-closing adjustment) from Leucadia National Corporation (“Leucadia”) in exchange for the issuance by HomeFed of 6,986,337 new unregistered shares of its common stock pursuant to a purchase agreement dated February 28, 2014. Upon the initial closing, Leucadia beneficially owns approximately 64% of HomeFed’s outstanding shares of common stock. HomeFed expects to acquire from Leucadia the balance of the real estate investments under the February agreement in exchange for the issuance of 513,663 new unregistered shares of its common stock at a deferred closing, which is anticipated to occur following receipt of a third party consent during the second quarter of 2014. Upon consummation of the deferred closing, Leucadia will beneficially own approximately 65% of HomeFed’s outstanding shares of common stock. Pursuant to a stockholders agreement with HomeFed, Leucadia has agreed to limit its voting rights such that it will not have a majority voting interest in HomeFed.

About HomeFed

HomeFed Corporation (HOFD) is engaged in the investment in and development of residential real estate projects in California and Virginia. HomeFed also actively investigates and pursues the acquisition of new residential and commercial real estate projects. HomeFed’s current development projects consist of three master-planned communities: San Elijo Hills and a portion of the larger Otay Ranch planning area located in San Diego County, California and Ashville Park located in Virginia Beach, Virginia. HomeFed also owns a 1,544 acre vineyard located in Madera County, California and the Fanita Ranch property, a 2,600 acre parcel of vacant land located in Santee, California.

Forward Looking Statements

Statements in this press release that are not strictly historical are “forward-looking” and involve a high degree of risk and uncertainty. Such statements are only predictions, and actual events or results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, the risk that the transaction will not be completed; the risk that the business associated with the acquired subsidiaries and investments (the “Purchased Business”) will deteriorate before the transaction is closed; the risk that HomeFed will be required to invest substantially more in Purchased Business, or in integrating the acquired subsidiaries or investments with the Company’s existing operations, than presently anticipated; risks associated with integrating the Purchased Business which is larger and more geographically dispersed and complex than HomeFed’s existing business; risks that HomeFed’s systems, infrastructure and personnel may not be adequate to effect a rapid and orderly integration of the Purchased Business; the risk that anticipated benefits of the transaction will not be realized; and risks and other uncertainties more fully described in HomeFed’s filings with the Securities and Exchange Commission, including, but not limited to, HomeFed’s annual report on Form 10-K for the year ended December 31, 2013 and any updates contained in its subsequently filed quarterly reports on Form 10-Q. These forward-looking statements speak only as of the date hereof, and HomeFed expressly disclaims any intent or obligation to update these forward-looking statements.

 

 

San Elijo Hills Towncenter Survey for San Elijo Hills Development Company

San Elijo Hills Resident,

As San Elijo Hills Development Company plans for development of the second phase of the San Elijo Hills Towncenter, they would like to gather community preferences for retail and towncenter amenities. In that effort, they have asked that we distribute this survey to residents within the community (click on link to survey below). Please take this opportunity to participate and contribute your opinion.

Please note that San Elijo Hills Community Association does not own or control the development in the towncenter. Please contact San Elijo Hills Development Company at the Visitor Center with any comments or questions, learnmore@sanelijohills.com or 760-798-1765.

Survey Link: http://www.surveymonkey.com/s/SanElijoHillsTownCenter

Thank you in advance for your time,

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