New Owner Proposes Rezoning For 141 Unit Trilogy Two Story Condo Project
Folsom, CA - Camille H. Courtney, President of Rancho Cortina Properties and Pacific West Homes will be conducting a community meeting at Hazel MacFarland Park on Thursday, September 06, 2007 at 6:30 P.M. to present their concept for this new project called Trilogy. She is planning on bringing her architect and civil engineer. The Folsom City planner will also be present.Pacific West Homes has purchased the property from Elliott Homes and has built two other communities in Folsom, both on Iron Point at opposite ends of the road, Vissona at Oak Avenue Parkway( sold out) and Madrone in Empire Ranch (selling now).
This Empire Ranch parcel located at the corner of East Natoma and Golf Links is directly across from the Empire Oaks Elementary School and backs up to Smith Way in the Parkway. Currently it is zoned Retail - Light Commercial but the argument is being made that a retail center, although originally planned for this location, would probably not be a viable venture with the new development of the Raley's center at Blue Ravine and East Natoma.
The options for any land owner of this parcel would be to either ignore the probable economics of an out of place retail/commercial center or propose to the city a rezoning option. On the rezoning side, there are really only two options: single family residences or multi-family residences. Personally, I would prefer to see single family residences built here to be consistent with the overall look and feel of this section of Empire Ranch and the Parkway. However, being pragmatic, that option would not "pencil out" nearly as nicely for the property owner as would a much denser two story condo project with 141 units.
Since traffic is a main issue with any proposed development for this parcel, and we already have more traffic at the corner of Golf Links and East Natoma than we need - especially with the elementary school across the street and the new high school at the top of the hill, my recommendation to Pacific West Homes would be to propose a single story, luxury condo project targeted to empty nesters. Yes, this would still give us more density than a single family home project, but it would certainly be much more desirable than having 141 two story condos shoehorned into this location in the heart of our community. Besides, a single story luxury condo project targeting empty nesters would not be putting an additional load on an already over crowded elementary school.
Stay tuned for more details as they develop.
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Thank you again for your help and assistance. It's a good life here in Empire Ranch and The Parkway. Lets all help to keep it that way. Make it a good day.
Best regards,
Patrick Warholic
Realtor, and Home Marketing Consultant
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Labels: Tria_Condominiums, Trilogy_Condominiums



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