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Woodcrest Development Inc

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CALIFORNIA | LOCAL
August 9, 1993 | DANIELLE A. FOUQUETTE
Legal proceedings against Woodcrest Development Inc. have been delayed by city officials to give the company's financial backer time to find a builder to take over several uncompleted housing developments. Woodcrest, the principal builder of about 300 homes at the Del Palazzo, La Terraza and Summit Chase developments, filed for bankruptcy in May and left the three projects in various stages of completion.
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CALIFORNIA | LOCAL
August 9, 1993 | DANIELLE A. FOUQUETTE
Legal proceedings against Woodcrest Development Inc. have been delayed by city officials to give the company's financial backer time to find a builder to take over several uncompleted housing developments. Woodcrest, the principal builder of about 300 homes at the Del Palazzo, La Terraza and Summit Chase developments, filed for bankruptcy in May and left the three projects in various stages of completion.
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BUSINESS
March 24, 1993 | JOHN O'DELL, TIMES STAFF WRITER
Woodcrest Development Inc., until recently one of Southern California's largest home builders, will shut down almost all of its operations at the end of the month. Ronald Gilles, Woodcrest's former president, acknowledged Tuesday that the Irvine-based builder has fallen on hard times and will lay off most of its 90 remaining employees as of April 1. Woodcrest is part of a family of residential, apartment and commercial development companies owned by Corona del Mar investor John E. Wertin.
BUSINESS
March 24, 1993 | JOHN O'DELL, TIMES STAFF WRITER
Woodcrest Development Inc., until recently one of Southern California's largest home builders, will shut down almost all of its operations at the end of the month. Ronald Gilles, Woodcrest's former president, acknowledged Tuesday that the Irvine-based builder has fallen on hard times and will lay off most of its 90 remaining employees as of April 1. Woodcrest is part of a family of residential, apartment and commercial development companies owned by Corona del Mar investor John E. Wertin.
BUSINESS
October 14, 1988 | Michael Flagg, Times staff writer
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.
BUSINESS
August 6, 1992 | MICHAEL FLAGG
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 | MARY HELEN BERG
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.
REAL ESTATE
June 9, 1985
Countrywalk, Woodcrest Development Inc.'s newest 78-unit residential project opens this weekend in Yorba Linda. Steve Swanson, vice president of sales for Woodcrest, said that nearly 20 homes have been sold since the first preview was held two weeks ago. The move-in date will be in August or September. Priced from $149,990 to $173,000, Countrywalk offers three floor plans, with three or four bedrooms and two to two-and-half baths. The size range is 1,568 to 1,970 square feet.
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