IE Business Daily Business news for the Inland Empire.
A Utah-based homebuilder has bought 291 lots from the Lewis Group of Companies Upland.
Woodside Homes paid an undisclosed sum for the parcels, both of which are in master-planned communities in Ontario and Folsom, according to a report in The Press-Enterprise.
The local project, Park Place of Ontario, will be 75 single-family homes that will range from 1,650 to 2,150 square feet. Those houses will be priced for entry-level buyers, according to the report.
No timetable for construction has been released.
Woodside Homes operates in Arizona, California and Nevada and has worked in the Inland Empire. It has built more than 35,000 homes since its founding in 1977 and is preparing to go public on the New York Stock Exchange, where it will use the trading symbol WDS, according to the report.
