Dubbed “Villa Metro,” the development will feature 315 units that follow Mediterranean and Santa Barbara designs, according to the Santa Clarita Valley Signal.
The land to be developed is near the Santa Clara River at the intersection of Soledad Canyon Road and Gladding Way. Leading the project is New Home Company, an Orange County-based company opened three years ago by local residential developers Larry Webb, Wayne Stelmar, Joe Davis, and Tom Redwitz.
New Home purchased the land from Newhall Land Development, which owned the land as part of its Valencia master plan.
“We are very proud to have completed this transaction with our friends at Newhall Land,” said Redwitz president of The New Home Company. “Villa Metro will provide the community with a fresh approach highlighted by our focus on architecture and our innovative community plan, incorporating small single-family detached homes with a live-work promenade.”
The plan is for Villa Metro to offer residents a small-town setting, according to the Valley Signal. Redwitz told the Web site that the Villa Metro residents will be near one of the three Metrolink stations in Santa Clarita and have easy access to the hiking and biking trails that criss-cross the area.
According to the Signal, construction on the project will begin in the coming months. Plans call for the new homes to hit the market sometime next summer.