0 Pujol St St, Temecula, CA 92590

Property Description

Offers due November 9, 2012. University Hills Master Plan 200.5 acres available. Potential for up to 1,600 units, extensive studies completed, all or a portion available. Flexible terms.The Project is located at the base of the eastern foothills of the Santa Ana Mountains, and just northerly of the confl uence of Murrieta Creek, Temecula Creek, and the headwaters of the Santa Margarita River. Centrally located and big views of the Temecula Valley [Supplement]: University Hills is a view oriented mixed-use project on approximately 200.5 acres of undeveloped land in the Temecula Valley. The Project is located just west of Interstate 15 within the southwestern portion of the County of Riverside, California in the incorporated City of Temecula. The University Hills development provides a mixture of uses consisting of two residential villages, a neighborhood retail area, medical / professional offi ce building site along with larger adjacent site for a hospital or potential institutional uses. Residential Village C, located on the northerly side of First Street is approximately 52.6 gross acres. Residential Village D contains approximately 19.0 gross acres and is located southerly of First Street. The neighborhood commercial area is located adjacent to Village D and is approximately 5.5 gross acres. The medical offi ce area is on the westerly side of the Bypass Corridor and is approximately 14.0 acres with an adjacent 45.0 acres that will be dedicated for open space. The southernmost 55 acres will include 27 acres for a institutional or medical facility user with the remaining 28 acres for dedication as heritage park to the City of Temecula. The development will be governed by the proposed University Hills Specifi c Plan (SP). The SP will permit a range of mixed uses that are compatible with the surrounding area and future development as identifi ed in the City's General Plan.The SP will also provide design guidelines and fl exibility for merchant builders to create individual urban villages within the two residential villages. The University Hills development will provide an opportunity to build a maximum of 1,600 residential dwelling units of varying densities on approximately 71.6 gross acres.