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Tesoro Viejo - The Hoffman Company · 2020. 5. 19. · David McSwain, CA BRE #01741387 T (559)...

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THE HOFFMAN COMPANY SOUTHERN CALIFORNIA OFFICE 18881 Von Karman Avenue, Suite 150 Irvine, California 92612 CA BRE #01473762 T 949.553.2020 | F 949.553.8449 www.hoffmanland.com BROKER CONTACT David McSwain, CA BRE #01741387 T (559) 744-3419 T (661) 748-3419 [email protected] EXCLUSIVE OFFERING MEMORANDUM The Hoffman Company Leading the Land Brokerage Industry CALIFORNIA + NEVADA Tesoro Viejo 5,190 LOTS | MADERA COUNTY, CALIFORNIA
Transcript
Page 1: Tesoro Viejo - The Hoffman Company · 2020. 5. 19. · David McSwain, CA BRE #01741387 T (559) 744-3419 T (661) 748-3419 dmcswain@hoffmanland.com EXCLUSIVE OFFERING MEMORANDUM T he

T H E H O F F M A N CO M PA N Y

S O U T H E R N C A L I F O R N I A O F F I C E

18881 Von Karman Avenue, Suite 150

Irvine, California 92612

CA BRE #01473762

T 949.553.2020 | F 949.553.8449

www.hoffmanland.com

B R O K E R CO N TAC TDavid McSwain, CA BRE #01741387

T (559) 744-3419

T (661) 748-3419

[email protected]

E X C LU S I V E O F F E R I N G M E M O R A N D U M

The

Hoffman

Company

Leading the LandBrokerage IndustryC A L I F O R N I A + N E V A D A

Tesoro Viejo5 , 1 9 0 L O T S | M A D E R A C O U N T Y , C A L I F O R N I A

Page 2: Tesoro Viejo - The Hoffman Company · 2020. 5. 19. · David McSwain, CA BRE #01741387 T (559) 744-3419 T (661) 748-3419 dmcswain@hoffmanland.com EXCLUSIVE OFFERING MEMORANDUM T he
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Executive Summary

Property Overview

Area Overview

Community Amenities

Market Overview

Product Design

123456

4-11

12-19

20-25

26-31

32-37

38-49

TABLE OF CONTENTS

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1 E X E C U T I V E S U M M A RY

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The

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Exclusive Offering Memorandum 6

Tesoro Viejo is an extraordinary master planned

community in the Fresno-Clovis-Madera market. It is unmatched

in natural beauty and unrivaled in creative & innovative design.

Nestled up to the foothills of the Sierra Nevada Mountains and

alongside the San Joaquin River, Tesoro Viejo offers a class and

style of living that is unmatched anywhere in the Central Valley

region. Community amenities for future residents will include:

• Direct pedestrian access to the San Joaquin River

• 400 acres of parks and Open Space

• A 15 mile trail system for walking, hiking & biking

• Walkable town center

• New Schools

Tesoro Viejo is a “10”, all other Fresno/Clovis Developments

are a “1”-local Fresno area builder

Executive Summary

Tesoro Viejo is masterfully planned into 9 distinct residential villages and a business park. As evidence to the excellence of design, Tesoro Viejo was honored with the “Outstanding Planning Award” for 2016 by the American Planning Association.

At buildout, the specific plan allows for 5,190 residential units and 3 million square feet of commercial space. At the heart of the community will be the Town Center, conveniently located at the main entrance off State Route 41 and will feature an open-air plaza with shops, restaurants, farmer’s markets and entertainment venues. On the south side of the Town Center is the Tesoro Viejo Business Park on nearly 150 acres. Additionally, at build-out Tesoro Viejo will have two school sites within walking distance of any residential village. The first, is a developer built K-8 school located in the Hillside Village to be completed shortly after the first home occupancy; the second is a K-12 to be located in another phase of development.

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Executive Summary

Hillside Village has an approved Tentative Tract map with

818 residential lots and will be the first village to break ground. Hillside

Village is arranged into 10 distinct residential product areas with 12 acres

dedicated for a K-8 School. Adjacent to the school will be a Recreation

Center and Amphitheater and throughout Hillside Village there will be a

series of pocket parks along with open spaces and 3 miles of trails.

Creekside village & the plaza both have tentative

maps in process to be approved by the end of 2016. The Plaza planning

area features the Town Center for Tesoro Viejo and is the only planning

area that has both commercial and residential elements.

hilltop estates - the vistas - arroyo village oak knoll village - the vineyards - river’s bend

These residential planning areas have no maps in process at this time.

Based on the recorded ‘Large Lot” tentative map (#266) any one of these

planning areas may be developed in any order and at any time.

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Exclusive Offering Memorandum 8

OPTION 1

Hillside Village offers the opportunity to purchase lots that will

be delivered in “Blue Top” condition. Lots in this village will be

the first to break ground. The seller is willing to entertain a variety

of deal structures including rolling downs. For complete offering

guidelines, including pricing, the execution of a Confidentiality

Agreement is required.

Offering Guidelines

PLANNING

AREA1

2

3

4

5

6

7

8

9

10

LOT

COUNT12

114

119

89

75

62

116

90

24

117

PRODUCT

TYPEEstate Lots

60’; 65’; 70’ X 110’ Lot

50’; 55’ X 110’ Lot

55’ X 95’ Lot

70’ X 85’ Lot

50’ X 90’ Lot

50’ X 80’ Lot

50’ X 70’ Lot

4-plex motor court

6/8 plex motor court

LOT

SIZE (SF)1/2 acre

6,500-8,000 sqft.

5,500-6,000 sqft.

5,500 sqft.

6,000 sqft.

4,500 sqft.

4,000 sqft.

3,500 sqft.

Attached

Attached

Sold Planning Areas

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Offering Guidelines

OPTION 2

The Plaza and Creekside Village offer the opportunity to

purchase lots that are currently in the design stage. Tentative

maps for these two planning areas are in process and are

anticipated to be approved by the end of 2016. Residential design

guidelines have not yet been completed giving the purchaser the

ability to provide input to the product design.

OPTION 3

Hilltop Estates, The Vistas, Arroyo Village, Oak Knoll Village,

The Vineyards and River’s Bend all offer the ability to purchase

an entire planning area. No maps are in process for these

planning areas at this time giving a purchaser the ability to

design both the lotting layout and product design (all design

choices subject to design review by TVRC). The recorded “Large

Lot” tentative map (#266) for Tesoro Viejo allows for “flexible”

development. Any planning area can be developed at any time.

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Vicinity Aerial

99

CLOVIS

KERMANFRESNO

SANGER

AVENUE 12

E SHAW AVE

MillertonLake

FresnoAirport

WHITESBRIDGE AVE

41

MADERA

5 Miles

10 Miles

15 Miles

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Close Up Aerial

AVENUE 15

41

ROAD 204

RIVER’S BEND

HILLSIDE VILLAGE

THE PLAZA

HILLTOP ESTATES

THE VISTAS

ARROYO VILLAGE

THE VINEYARDSOAK KNOLL VILLAGE

CREEKSIDE VILLAGE

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Site Detail

LO C AT I O N

The property is located on Avenue 204 at Hwy 41 in the County of Madera, CA.

S I Z E

±1,600 acres - Master Planned Community

E N T I T L E M E N T S

Specific Plan approval (ordinace 661)

Development Agreement (9736-C-2012)

Recorded Large Lot Tract Map (#266)

Approved Tract Map (Hillside Village)

M U N I C I PA L I T Y

County of Madera

U T I L I T I E S

Tesoro Viejo, under the Development agreement with the County of Madera, will create

the “Tesoro Viejo Master Mutual Water Company” (TVMMWC). TVMMWC will work with

the County and the Regional Water Control Board to provide water services, waste water

services and storm water detention facilities.

P L A N N I N G

Madera County Norman Allinder 559-675-7821

E N G I N E E R S

Morton & Pitalo Inc Greg Bardini 559-853-4505

S C H O O L S

Chawanakee Unified School District

Spring Valley Elementary (K-8) API Score = 793

Minarets High School (9-12) API Score = 768

Tesoro Viejo has entered into an agreement with Chawanakee Unified School District

for the provision of a K-8 school facility on a 12 acre portion within the Hillside Village

planning area.

AVA I L A B L E D U E D I L I G E N C E

• Tentative Map

(Subdivision file - S #2014-002)

• Conditions of Approval

• Builder Book

• Vision Book

• Development Agreement

• Final REIR with all appendices

• Preliminary Title Report

• ALTA ASCM Survey

• Large Lot Tentative Map (entire

subdivision)

• BRE Pink Report

• Design Guidelines

• Hillside Geotechnical Report

• Phase 1

• Madera County Permit Fee

Estimate

• Phasing Map

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Rio Mesa Area Plan

7

Fresno

Madera

MADERACOUNTY

FRESNOCOUNTY

RIO MESAAREA PLAN

TESORO VIEJO

MillertonLake

San Joaquin River

10-Miles

5-Miles

As one of the fastest growing regions in California, Madera County has carefully planned for future growth. Community leaders wanted to preserve the area’s natural resources and scenic beauty while allowing for population growth migrating north from the cities of Fresno (California’sfifthlargestcity)and Clovis at the border of Madera County. They did so by creating and approving the Rio Mesa Area Plan.

Why is this important?

The Rio Mesa Area Plan is the largest designated future growth area in the San Joaquin Valley, with Tesoro Viejo as its centerpiece.

RIO MESA AREA PLAN

To plan for future growth migrating north from the Fresno Metro area, Madera County leaders recognized the potential for large-scale development in the southeastern portion of the County. This assessment was based on a number of factors, including an increase in development interest from private land owners, Valley Children’s Hospital, and the potential for a future University of California campus in the County (which did not occur since the campuswenttoMercedCounty).Thecombination of these factors led the County to concentrate on this portion of Madera County for future urbanization. The result was the creation and future implementation of the Rio Mesa Area master plan.

The master plan was designed as a new Area PlanwithintheMaderaCountyGeneralPlan.

It provides a framework to help guide detailed plansforspecificsubareasandlandholdings,such as Tesoro Viejo. The result of the planning process was to create one of the largest designated growth areas in the Central San Joaquin Valley.

The 15,000 acre area is bounded by State Route 41 to the west, the San Joaquin River and Fresno County to the east, Road 145 and the Millerton Lake State Recreation Area to the north and northeast, and the San Joaquin River to the south. To put it into perspective according to Eric Fleming Madera County AdministrativeOfficer,“Atbuild-outtheRioMesa area is going to be around the same size as the City of Clovis” (which currently stands atover100,000residents).TesoroViejohasbeen designated as its centerpiece.

To plan for future growth migrating north from the

Fresno Metro area, Madera County leaders recognized

the potential for large scale development in the

southeastern portion of the County. This assessment

was based on a number of factors, including an

increase in development interest from private land

owners, Valley Children’s Hospital, and the potential

for a future University of California campus in the

County (which did not occur since the campus went to

Merced County). The combination of these factors led

the County to concentrate on this portion of Madera

County for future urbanization. The result was the

creation and future implementation of the Rio Mesa

Area master plan.

The master plan was designed as a new Area Plan

within the Madera County General Plan. It provides

a framework to help guide detailed plans for specific

subareas and landholdings, such as Tesoro Viejo. The

result of the planning process was to create one of

the largest designated growth areas in the Central San

Joaquin Valley.

The 15,000 acre area is bounded by State Route 41 to

the west, the San Joaquin River and Fresno County

to the east, Road 145 and the Millerton Lake State

Recreation Area to the north and northeast, and

the San Joaquin River to the south. To put it into

perspective according to Eric Fleming Madera County

Administrative Officer, “At build-out the Rio Mesa area is

going to be around the same size as the City of Clovis”

(which currently stands at over 100,000 residents).

Tesoro Viejo has been designated as its centerpiece.

As one of the fastest growing regions in California, Madera County has carefully planned for future growth. Community leaders wanted to preserve the area’s natural resources and scenic beauty while allowing for population growth migrating north from the cities of Fresno (California’s fifth largest city) and Clovis at the border of Madera County. They did so by creating and approving the Rio Mesa Area Plan.

Why is this important? The Rio Mesa Area Plan is the largest designated future growth area in the San Joaquin Valley, with Tesoro Viejo as its centerpiece.

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9

TESORO VIEJO SPECIFIC PLAN

ThepurposeoftheTesoroViejoSpecificPlanistoprovidefortheorderlyandefficientdevelopmentoftheSpecificPlanareainaccordance with the provisions of the Madera CountyGeneralPlanandtheRioMesaAreaPlan. It provides for both planning and regulatory functions including land use regulations,circulationefficiency,anddevelopment standards. Combined, these planning tools provide the necessary framework to guide the development of a

vibrant community. One that prioritizes social, economic, and environmental health with a focus on overall quality of life through the implementation of an innovative community design. Tesoro Viejo is envisioned as a place whereanintegratedsystemofmixedusecenters, civic uses, open spaces, commercial and industrial areas, and residential neighborhoodswillfitwithandtakefulladvantage of the community’s site, topography, and location within the greater Rio Mesa area.

The Specific Plan contains a great deal of detail, but also the necessary flexibility in its implementation by vesting the Madera County Planning Director with the authority to interpret the specific standards and provisions of the Specific Plan, including the precise location of land use boundaries, streets, trails and the like, and its application with respect to subdivision maps, site plan approvals, building permits, infrastructure and other matters.

Tesoro Viejo Land Use Plan

7

Fresno

Madera

MADERACOUNTY

FRESNOCOUNTY

RIO MESAAREA PLAN

TESORO VIEJO

MillertonLake

San Joaquin River

10-Miles

5-Miles

As one of the fastest growing regions in California, Madera County has carefully planned for future growth. Community leaders wanted to preserve the area’s natural resources and scenic beauty while allowing for population growth migrating north from the cities of Fresno (California’sfifthlargestcity)and Clovis at the border of Madera County. They did so by creating and approving the Rio Mesa Area Plan.

Why is this important?

The Rio Mesa Area Plan is the largest designated future growth area in the San Joaquin Valley, with Tesoro Viejo as its centerpiece.

RIO MESA AREA PLAN

To plan for future growth migrating north from the Fresno Metro area, Madera County leaders recognized the potential for large-scale development in the southeastern portion of the County. This assessment was based on a number of factors, including an increase in development interest from private land owners, Valley Children’s Hospital, and the potential for a future University of California campus in the County (which did not occur since the campuswenttoMercedCounty).Thecombination of these factors led the County to concentrate on this portion of Madera County for future urbanization. The result was the creation and future implementation of the Rio Mesa Area master plan.

The master plan was designed as a new Area PlanwithintheMaderaCountyGeneralPlan.

It provides a framework to help guide detailed plansforspecificsubareasandlandholdings,such as Tesoro Viejo. The result of the planning process was to create one of the largest designated growth areas in the Central San Joaquin Valley.

The 15,000 acre area is bounded by State Route 41 to the west, the San Joaquin River and Fresno County to the east, Road 145 and the Millerton Lake State Recreation Area to the north and northeast, and the San Joaquin River to the south. To put it into perspective according to Eric Fleming Madera County AdministrativeOfficer,“Atbuild-outtheRioMesa area is going to be around the same size as the City of Clovis” (which currently stands atover100,000residents).TesoroViejohasbeen designated as its centerpiece.

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Village Breakdown

COMMUNITY CHARACTER PLAN VILLAGE BREAKDOWN Madera County’s Land of Legacy

AVENUE 15

AVENUE 14

41

THE PLAZA APTS.

THE PLAZA

HILLSIDE VILLAGE

HILLTOP ESTATES

THE VISTAS

ARROYO VILLAGE

RIVER’S BEND

THE VINEYARDS

CREEKSIDE VILLAGE

OAK KNOLL VILLAGE

RESIDENTIAL GROSS: 16 ACDENSITY RANGE: 20 - 30 DU/ACDU RANGE: 320 - 480 DU

RESIDENTIAL GROSS: 81 ACDENSITY RANGE: 8 - 15 DU/ACDU RANGE: 648 - 1215 DU

RESIDENTIAL GROSS: 160 ACDENSITY RANGE: 5.4 DU/ACDU RANGE: 864 DU

RESIDENTIAL GROSS: 50 ACDENSITY RANGE: 2.0 DU/ACDU RANGE: 100 DU

RESIDENTIAL GROSS: 70 ACDENSITY RANGE: 3 - 6 DU/ACDU RANGE: 210 - 420 DU

RESIDENTIAL GROSS: 71 ACDENSITY RANGE: 3 - 7.5 DU/ACDU RANGE: 213 - 532 DU

RESIDENTIAL GROSS: 42 ACDENSITY RANGE: 0.5 DU/ACDU RANGE: 21 DU

RESIDENTIAL GROSS: 146 ACDENSITY RANGE: 3 - 6 DU/ACDU RANGE: 438 - 876 DU

RESIDENTIAL GROSS: 118 ACDENSITY RANGE: 5 - 7.5 DU/ACDU RANGE: 590 - 885 DU

RESIDENTIAL GROSS: 70 ACDENSITY RANGE: 3 - 7.5 DU/ACDU RANGE: 210 - 525 DU

Village AC Unit Range DensityHillside Village 160 818 5.1

The Plaza 81 648 1215 8 15

The Plaza Apts. 16 320 480 20 30

Creekside Village 118 590 885 5 7.5

Hilltop Estates 50 100 2.0

Oak Knoll Village 70 210 525 3 7.5

Arroyo Village 71 213 532 3 7.5

The Vineyards 146 438 876 3 6

The Vistas 70 210 420 3 6

River’s Bend 42 21 0.5

TOTAL 822 3568 5872

400’0’ 800’ 1200’ 1600’

1”=400’

DATE: 06.07.2016PROJECT: TVI-01.2

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Phasing Plan - Hillside Village

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The Plaza Conceptual Map

Fire Station

McCaffrey GroupOffice

Grocery Store

UniversityOffice

Urgent Care

Winery

Business Campus Community

Building

Medical Group

THE PLAZA100’0’ 200’ 300’ 400’

1”=100’

DATE: 06-09-2016PROJECT: TVI-01.2

Product Type Dwelling Units Description70x85 60 Added as a variable for street scene from Hillside Village

50x90 60 SFD 50’ Wide

50x80 68 SFD 50’ Wide

Courts 234 8 Plex Condo & 6 Plex Condo

Triplex 100 Town Homes with Carriage

TH/f 100 Town Homes with Carriage

Flats/Th 224 Primary Flats with Townhome Component

Flats/TH v2 60 Primary Flats with Townhome Component

Apartments 397 Apartments

Total 1303

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Creekside Village Conceptual Map

CREEKSIDE VILLAGE100’0’ 200’ 300’ 400’

1”=100’

DATE: 06-09-2016PROJECT: TVI-01.2

Product Type Dwelling Units Description65x110 70 Wider product carried over from Hillside Village

60x110 80 SFD 60’ Wide

55x110 90 SFD 55’ Wide

70x85 40 Added as a variable for street scene from Hillside Village

55x95 115 SFD 55’ Wide

50x90 115 SFD 50’ Wide

Courts 185 8 Plex Condo & Plex Condo

Triplex 86 Town Homes with Carriage (big house look)

Total 781

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Valley Children’s Hospital

In addition to the retail and commercial development planned for Tesoro Viejo, the community has convenient access to existing services, stores, medical facilities, schools and major employment centers. Notably, the nationally-renowned Valley Children’s Hospital (one of the top ten pediatric hospitals in the nation) is just a short drive away. River Park and Villagio retail centers offer a variety of shopping, dining and entertainment options nearby; while State Center Community College in Madera, California State University, Fresno, Fresno Pacific University, Fresno City College, National University campus in Fresno and UC Merced offer higher-education opportunities for new and returning students.

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Popular Desinations Community Map

AVENUE 15

Yosemite

60MINUTES

Millerton Lake Recreation Area 15MINUTES

10MINUTES

HILLSIDEVILLAGE

4120MINUTES

Downtown Fresno(Future High Speed Rail Station)

Major Retail Centers

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Major Area Retail

http://www.shopriverpark.com/

About a 10 minute communte south from Tesoro Viejo.

SHOPPING • DINING

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Major Area Retail

http://www.fresnohub.com/villagio.html

About a 10 minute communte south from Tesoro Viejo.

SHOPPING • DINING

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Perhaps the greatest feature of Tesoro Viejo is direct pedestrian access to the San Joaquin River. Future residents will be able to enjoy swimming, kayaking or simply enjoying the cool shade of a riverside tree on a warm summer day.

River Access

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15 Miles of trails are a part of Tesoro Viejo. Woven through all the neighborhoods and the 400 acres of parks and open space, the trail system will offer a community amenity unlike any other community in the region. The trail system will also allow pedestrian access to portions of the San Joaquin River Conservancy’s trail system.

Trail System

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Tesoro Viejo developers began the forward planning process of this Master Planned community more than a decade ago. A central part of their planning process was to include an on-site tree nursery with over 10,000 trees. As development proceeds, these now mature trees will be used throughout the community to enhance the existing natural beauty of the land and generate a mature feel to the entire community.

Trees

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In addition to the many natural amenities of Tesoro Viejo plans also include recreation and community centers both within the Hillside Village area and in the future town center area of Tesoro Viejo known as the “Plaza”. “Club Arroyo” in Hillside Village will offer a community pool and spa, a fitness center and indoor and outdoor event spaces equipped with kitchens, fire places, fire pits and fountains.

Planned Community Centers

HILLSIDE VILLAGE COMMUNITY ENTRY CLUB ARROYO SITE CONCEPT

THE ARROYO CLUB

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Planned Community Centers

30

TESORO VIEJO CONCEPTUAL INFO CENTER & MULTI PURPOSE STORE

THE PLAZA TOWN CENTER

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School Exhibit

46655 Road 200O’Neals, CA 93645Tel (559) 868-3343CHAWANAKEE UNIFIED SCHOOL DISTRICT

45077 N Fork RoadO’Neals, CA 93645Tel (559) 868-8689CHAWANAKEE UNIFIED SCHOOL DISTRICT

ELEMENTARY SCHOOL | K-8 HIGH SCHOOL | 9-12Spring Valley MinaretsAPI

SCORE

793

API SCORE

768

The Tesoro Viejo plan calls for a developer-built neighborhood K-8 and K-12 school complexes with the first school being completed shortly after the first occupancy in the Hillside Village. The future K-12 school will include more sports-oriented amenities to serve the community.

41

AVENUE 15

FUTUREK-8 SCHOOL

EXISTING SCHOOLS (north on Hwy 41)

EXISTINGSCHOOLS(north on Hwy 41)

FUTURE SCHOOLS

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Builder Statement

“Finished Lot Value Index and Survey Q1-2016” - Provided by John Burns Real Estate Consulting - Used by Permission

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New Home Communities

AVENUE 12

AVENUE 15

41

Opening Fall 2016 Opening Fall 2016

Lennar Central Valley is proud to introduce the Cambridge Collection of homes to the Master Planned Community, Riverstone, in southeast Madera. The Cambridge Collection is popular for its open design single and two-story floor plans, stunning Everything’s Included package and amazing money saving features.

Cambridge CollectionComing 2017

The spacious Ivy collection reflects an upscale Ivy League feel with American Traditional architecture. The four single and two-story floor plans range from approximately 2,394 to 4,143 square feet that go up to 6 bedrooms, 4½ baths, and 3-car garages. The homes are designed with flexible living areas to enhance individual family lifestyles, including multi-generational families. Anticipated pricing is from the upper $300,00s.

With classic architecture that captures the spirit of California, the Santerra collection of homes showcases innovative designs to satisfy every stage of life. The four single and two-story floor plans range from approximately 1,598 to 2,880 square feet and go up to 5 bedrooms and 3 ½ baths. Anticipated pricing will start in the low $300,000s.

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Fresno Info & Demographics

FRESNO

State

County

Mayor

Incorporated

Website

Historical Annual Growth

Forecasted Annual Growth

0.9%

0.9%

California

Fresno

Ashley Swearengin

October 12, 1885

www.fresno.gov

C I T Y I N F O : F R E S N O P O P U L AT I O N ( 2 016 ) T O P S C H O O L S B Y A P I S C O R E

W E AT H E R D O W N T O W N F R E S N O

C I T Y O F F R E S N O : T O T A L P O P U L AT I O N

Source: wikipedia.org and fresno.gov Source: wikipedia.org and weather.com

Source: Zonda Source: Zonda

Source: Zonda; US Census; Nielsen; Meyers Research LLC Source: wikipedia.org

520,889

Total Population

No. of Households

Median Household Income

Homeownership Rate

Median Age

School

Elementary: Manchester Gate (2-6)

Middle: Granite Ridge (7-8)

High: University (9-12)

January Average

July Average

Precipitation

520,889

165,844

$42,287

50.3%

31.1

2013 API

996

928

825

High 55º, Low 38º

High 98º, Low 68º

High Jan 2.2”, Low Jul 0.0”

M A J O R E M P L O Y E R SAccording to the City’s 2011 Comprehensive Annual Financial Report, the top

employers in the city are:

1 Community Medical Centers 7,200

2 City of Fresno 3,790

3 Saint Agnes Medical Center 2,800

4 Kaiser Permanente 2,160

5 Pelco by Schneider Electric 2,029

6 Children’s Hospital 1,996

7 Ruiz Foods, Inc 1,729

8 Chukchansi Gold Resort/Casino 1,385

9 Tachi Palace Hotel & Casino 1,200

10 Foster Farms 1,100

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Resale Housing Market: Fresno

Data as of 05/26/16 | Source:

146 Homes for Rent

1,531 Homes for Sale

MEDIAN LISTING PRICE

MEDIAN DAYS ON MARKET

$216,000 | Mar 2016

45 DOM | Feb 2016

$250K

$138

$205K

MEDIAN LISTING PRICE

PRICE PER SQ FT

MEDIAN CLOSING PRICE

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Product DesignTo ensure that residential projects developed for Tesoro Viejo contribute to the character and quality envisioned for the neighborhood, all builders will be subject to certain

design guidelines and a design review process. The Tesoro Viejo Design Review Committee (TVRC), will be comprised of representatives of the master developer and

design professionals appointed by the master developer and will review all residential designs prior to submittal to the County of Madera. The following pages give a brief

overview of the basic guidelines for each planning area.

OLD WORLD - TUSCAN STYLE

SANTA BARBARA STYLE

MODERN FARMHOUSE STYLE

SPANISH STYLE

AMERICAN NEW WORLD - FARMHOUSE STYLE

CONTEMPORARY RUSTIC STYLE

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Planning Area 2 Design GuidelinesTRADITIONAL DETACHED PRODUCT (60’, 65’, 70’ X 110’ LOT)

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Planning Area 3 Design GuidelinesTRADITIONAL DETACHED PRODUCT (50’, 55’ X 110’ LOT)

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Planning Area 4 Design GuidelinesTRADITIONAL DETACHED PRODUCT (55’ X 95’ LOT)

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Planning Area 5 Design GuidelinesDETACHED WIDE & SHALLOW PRODUCT (70’ X 85’)

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Planning Area 6 Design GuidelinesTRADITIONAL DETACHED PRODUCT (50’ X 90’ LOT)

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Planning Area 7 Design GuidelinesSMALL LOT DETACHED PRODUCT (50’ X 80’ LOT)

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Planning Area 8 Design GuidelinesSMALL LOT DETACHED PRODUCT (50’ X 70’)

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Planning Area 9 Design Guidelines4-PLEX PRODUCT

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Planning Area 10 Design Guidelines6-PLEX PRODUCT

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DISCLAIMERRELIANCE ON PROVIDED MATERIALSThe Information contained herein is provided to the Prospective Buyer for reference purposes only. The Prospective Buyer shall verify all property information on its own. Neither seller nor any of its agents, lending partners, representatives, and employees makes any representations and/or warranties regarding the accuracy and completeness of the information contained herein. The Prospective Buyer acknowledges and agrees that they will conduct its own feasibility investigation of the property using its own methods to determine the suitability of the property for Prospective Buyers intended use. This Brochure was prepared by The Hoffman Company. This Brochure contains select information pertaining to the Property and does not purport to be all-inclusive or to contain all of the information that a Prospective Buyer may desire. Although every effort has been made to ensure accuracy, this Brochure may contain errors and omissions. The brochure is subject to change or withdrawal without notice. This brochure does not constitute a recommendation, endorsement or advice as to the value of the Property by The Hoffman Company or the Seller. The Prospective Buyer is to rely upon its own investigation, evaluation and judgment as to the purchasing the Property described herein.

AGENCYThe Prospective Purchaser acknowledges that The Hoffman Company is the exclusive agent of the Seller. The Prospective Purchaser further acknowledges that this brochure or any information from the Hoffman Company in no way constitutes or creates an agency relationship with the Prospective Purchaser. The Hoffman Company is solely the agent of the Seller. The Prospective Buyer upon submission of any offer to The Hoffman Company for the subject property acknowledges that any such offer is submitted to the Sellers “Agent” and in no way constitutes or creates an agency relationship between Prospective Buyer and The Hoffman Company.

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S O U T H E R N C A L I F O R N I A O F F I C E

18881 Von Karman Avenue, Suite 150

Irvine, California 92612

T 949.553.2020 | F 949.553.8449

www.hof fmanland.comTHE HOFFMAN COMPANYC O A C H E L L A VA L L E Y O F F I C E

777 E Tahquitz Way, Suite 200

Palm Springs, California 92262

T 760.969.7357 | F 949.553.8449

N O R T H E R N C A L I F O R N I A O F F I C E

2121 North California Blvd., Suite 290

Walnut Creek, California 94596

T 925.478.8429 F 949.553.8449

N E VA D A O F F I C E

9205 W Russell Rd, Suite 240

Las Vegas, Nevada 89148

T 702.793.4370

The

Hoffman

Company

Tesoro Viejo5 , 1 9 0 L O T S | M A D E R A C O U N T Y , C A L I F O R N I A


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