Foremost Cos. nears completion on two of its largest master plan projects, Terramor in Corona and Deerlake Ranch Chatsworth. The two projects have sold more than half of their total lots, with Terramor selling 800 out of 1,443 lots and Deerlake Ranch selling 100 of 300 total lots. This year, the Southern California developers is focused on sales as well as completing the two major projects.
"2019 has been a significant year for Foremost. We've been focused on our two largest projects, Terramor and Deerlake Ranch, as both projects still have a significant number of lots to sell," Steve Cameron, president at Foremost Cos., tells GlobeSt.com.
Terramor is a multi-generational master planned community on 961 acres in the Temescal Valley, and it has gotten a lot of buzz. It won Master Planned Community of the Year at the 2018 SoCal Awards. It is approved from 1,443 single-family homes, which will be developed in three phases. "There is plenty of excitement surrounding Terramor," says Cameron. "In the spring, Van Daele Homes opened Oakton, Terramor's newest 55-plus neighborhood in phase one, to an extremely positive market response, with first move-ins scheduled for end of year."
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