March 24, 1993 |
Woodcrest Development Inc., one of Southern California's largest home builders in recent years, is shutting down almost all of its operations at the end of the month. The company, which launched a restructuring 13 months ago, is the latest--and largest--victim of the real estate slump that has devastated an industry that long has been a keystone of the area's economy.
October 14, 1988 |
Like other builders in the booming Southern California market, Irvine home builder Woodcrest Development Inc. said it has had a record year. Woodcrest sold 835 homes in Orange, San Diego and Riverside counties for sales of $145 million for the year ending Sept. 30. Woodcrest President Ronald J. Gilles said it was the company's fourth consecutive record year.
CALIFORNIA | LOCAL
August 18, 1990
A Planning Commission public hearing on Serrano Heights, a development of 1,800 homes proposed for East Orange, will be conducted Monday at 7 p.m. in the City Council chambers. The Woodcrest Development Inc. project calls for building townhouses, apartments and single-family homes on 727 acres in East Orange and would require grading of part of a ridge between Mabury Ranch and Anaheim Hills. The ridge is designated for development in the city's general plan.
August 6, 1992 |
Striking drywall workers lost a round in court Wednesday when a Riverside Superior Court judge barred them from stationing more than 10 picketers near the entrance to a Corona subdivision. Lawyers for the strikers, who are demanding a union and higher wages, asked Judge Charles S. Field in a hearing Tuesday to lift his temporary restraining order against the strikers. The judge refused, but did accede to a few minor changes requested by the strikers in issuing a preliminary injunction Wednesday.
CALIFORNIA | LOCAL
October 13, 1990 |
The City Council this week gave final approval to plans for a 1,800-home development on 700 acres in East Orange, with no protest from residents who had vehemently opposed the project. The City Council voted 3 to 0 to adopt a series of resolutions approving the Serrano Heights development that will border Anaheim Hills. Mayor Don E. Smith abstained, citing a possible conflict of interest because of property that he owns. Councilman William Steiner was absent.