SAN MATEO, CA—New Home Company has brokenground on 76 waterfront condos on a 2.9 acre sitehere, and hopes to start selling units this fall.

According to a story in the San Francisco BusinessTimes, the project is called Tidelands andwill include homes ranging from 925 to about 1,500 square feet. Theunits will be price from the low $800,000s.

The company's president for Northern Californiatold the business publication that there is a strong demand on thePeninsula for the type of housing that Tidelands will offer.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.