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Real Estate Inustry Orange County

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BUSINESS
May 31, 1997 | MELINDA FULMER, SPECIAL TO THE TIMES
In one of the largest Southern California residential land deals in years, a group of developers on Friday purchased 3,470 acres of land in San Clemente, where it hopes to build Talega, a planned community of 5,000 homes, office buildings, retail centers and two golf courses. The deal underscores the growing confidence in the housing industry and the increasing developer interest in south Orange County, especially since the San Joaquin Hills toll road opened last year.
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BUSINESS
May 31, 1997 | MELINDA FULMER, SPECIAL TO THE TIMES
In one of the largest Southern California residential land deals in years, a group of developers on Friday purchased 3,470 acres of land in San Clemente, where it hopes to build Talega, a planned community of 5,000 homes, office buildings, retail centers and two golf courses. The deal underscores the growing confidence in the housing industry and the increasing developer interest in south Orange County, especially since the San Joaquin Hills toll road opened last year.
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