(Read more on the multifamily market.)

SANTA ANA, CA-Sukut Construction Inc. has landed a $96 millioncontract to build the roads and underground infrastructure on the4,000-acre first phase of the 13-square-mile New Model Colonymaster-planned community in Ontario, one of the largest projects inrecent Southern California history. Sukut officials note that of 13companies vying for the contract, only five were qualified by thecity to be capable of managing such a massive job.

Approximately 120 acres of commercial building totaling fivemillion sf is planned for the first phase of New Model Colony,according to Michael Bobeczko, Sukut director of marketing. Theentire New Model Colony development will include 30,000 homes, plusretail and commercial centers, schools and parks.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.