SRC Development

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Company Overview

Company Profile

SRC Development has successfully pursued a wide variety of real estate development and value enhancement opportunities across a number of geographic markets with the primary goal of creating value throughout every phase of the real estate process including the acquisition, entitlement, financing, development, management, and disposition of real estate assets. SRC Development's philosophy is to maximize returns while mitigating risk.
SRC Development's success has been grounded in its ability to consistently target projects in the pathway of development in fundamentally strong and growing areas with clear upside potential and to implement value-added business plans that have realized exceptional risk-adjusted returns.
SRC Development currently owns projects for mixed-use, commercial, residential, and industrial development in nine states and Baja, Mexico. SRC Development is headquartered in Anaheim, CA.

Properties

Southern California

  • Highway 98, Calexico, CA

    • Located at the intersection of Highway 98 and Barbara Worth Road, this property is approximately 2 miles east of the city of Calexico. This 112-acre site is adjacent to a proposed $55 million border patrol facility and related infrastructure for the Department of Homeland Security.
      Property Highlights
      • Adjacent to proposed $55 million border patrol facility.
      • City of Calexico recently extended its sphere of influence to include this site.
  • Keller Road Project - Murrieta, CA

    • Located in the rapidly growing I-215 corridor, Keller Road Project offers 22 single family lots. The 6.3-acre site is located north of the new 490,000-sq. ft. Loma Linda University Physician's Hospital and 160,000 sq. ft. of medical office which is scheduled for completion in 2011.
      Property Highlights
      • Located in Murrieta's rapidly developing I-215 corridor.
      •North of new hospital and medical office development scheduled for completion in 2011.
  • Old Highway 80 - Jacumba, CA

    • Fronting on Old Highway 80 near Jacumba, the property is near and visible from the Interstate 8. This 497-acre site is in a prime location for energy development.
      Property Highlights
      • Prime energy development site.
      • 457 acres of contiguous land.
  • San Marcos Preserve - Santa Barbara, CA

    • The property consists of 377 acres of land at the lower foothills of the Santa Ynez Mountains. The site is approved for 16 residential lots – 15 single family estate lots, and one multiple-dwelling lot. To see more, visit www.sanmarcospreserve.com.
      Property Highlights
      • Five miles to downtown Santa Barbara.
      • Bordered by a 200-acre nature preserve.
      • Breathtaking 180-degree views of ocean and mountains.

Baja Mexico

  • Punta Colonet - Baja California, MX

    • Located south of Ensenada and west of Baja Transpeninsula Highway 1, SRC Development owns this spectacular stretch of beachfront comprising 246 hectares (608 acres) where the combination of tranquility and beauty is unmatched. The magnificent Pacific Ocean bathes its beaches, and the majestic beauty of the Martir Mountains is its backdrop. The land boasts 932 meters (3,057 feet) of sandy beachfront, and has frontage on a registered public road. The site is an ideal location for a master-planned residential and resort development.
      Property Highlights
      • A major container seaport is planned for Colonet Bay which is expected to swell the town’s population to 200,000 residents.
      • The area enjoys a perfect climate with an average temperature of 72 degrees throughout the four seasons.

Southwest

  • Highway 92 - Bisbee, AZ

    • Fronting on Highway 92, this property is 454 acres of vacant land mostly within the city limits of Bisbee, AZ. A master plan proposal with a mix of commercial, residential, and other uses would be allowed by the city.
      Property Highlights
      • Lies within the San Jose District which is the designated growth corridor for the town of Bisbee.
      • Public sewer and water are available approximately one mile from the site.

Colorado

  • 5-Mile Ranch

    • Highway 6 & 24 and Interstate 70, Parachute, CO

    • Located four miles southwest of Parchute, 5-Mile Ranch is easily accessible by Highway 6 & 24 which is the frontage road to I-70. This 1,596-acre property has five miles of prime Colorado River frontage.
      Property Highlights
      • Contains a rail spur.
      • Oil & Gas lease and mineral interest.

    • North Overo Boulevard, Silt, CO

    • Adjacent to Painted Pastures and to the north, this 40.5-acre property is currently being planned for 79 single family homes and 16 multifamily units.
      Property Highlights
      • Will include three parks and 12’ wide trail.
      • View lots of the Colorado River.
  • Painted Pastures

    • 34487 Hwy 6 & 24, Silt, CO

    • Located in the heart of Garfield County’s prosperous Colorado River Valley, this 107-single family lot and 6-multifamily lot subdivision is situated on a 36.4-acre property. All infrastructure (roads, sewers, utilities) have been installed and grading completed for Phase I.
      Property Highlights • 107 Single Family Lots.
      • 6 Multifamily Lots (48 Duplex Units).
      • Roundabout at entrance of the development.
  • Silver Spruce

    • County Road #314, Idaho Springs, CO

    • Located along I-70, this 19-acre property is currently being planned for a hotel and multifamily residences.
      Property Highlights
      • 35 miles from downtown Denver.
      • Close to several ski parks and casinos.
      • Located in a Colorado State Enterprise Zone.

South

  • Kettering Road

    • SR 50, Brooksville, FL

    • Located at the intersection of State Road 50 and Kettering Road, this 38.5-acre site has 1,320 feet of frontage on the major state road. A Publix Shopping Center is planned for the adjacent land to the west, and a residential development is planned for the adjacent parcel to the north.
      Property Highlights
      • Ample frontage on major state road.
      • Commercial zoning in place.
      • Publix Shopping Center planned on adjacent parcel.
  • Lexington Oaks North

    • 26304 Lexington Oaks Boulevard, Wesley Chapel, FL

    • Located at the northwest corner of Wesley Chapel and Lexington Oaks Boulevards, this property contains 12 acres of commercial land and 3 acres of land for professional office. The property has been developed with infrastructure.
      Property Highlights
      • Fully improved and ready to build.
  • Lexington Preserve

    • 26857 Wesley Chapel Boulevard, Wesley Chapel, FL

    • Located at the intersection of State Road 54 and Lexington Oaks Boulevard, this 51-acre site is currently being planned for a mixed-use residential and commercial development. The property is adjacent to a master planned development containing the Lexington Oaks Golf Club.
      Property Highlights
      • General Plan calls for any mix of retail, office, and residential.
      • 39 upland acres.
  • Pottsboro

    • Highway 996, Pottsboro, TX

    • This 48-acre site has frontage on the north side of Highway 996 where it will be intersected by the new extension of Highway 289 creating two commercial corners. This site will enjoy long frontage on both sides of the new extension of Highway 289. The property also includes a parcel which connects the main parcel to highway 120 to the east. The Pottsboro Community Development Plan adopted in 2003 calls for a mix of commercial and medium density residential uses for this site.
      Property Highlights
      • Public sewer, water, and electricity are available to the site.
      • General plans allows commercial and medium density residential.
      • Located at the intersection of a new highway extension with frontage on the two highways and access from a third highway.
  • Prince Creek

    • TBA

Midwest

  • East 83rd Street

    • Newton Avenue, Kansas City, MO

    • Located just east of Highway 435 and south of Swope Park, this 94-acre site has frontage on Newton Avenue and is bisected by East 83rd Street.
      Property Highlights
      • Located approximately five miles south of downtown Kansas City.
      • Near Swope Park neighborhood, Oakwood and Hillcrest County Clubs.
  • Lyddon

    • East 87th Street, Kansas City, MO

    • Located just east of Route 71, west of Highway 435 and south of Swope Park, this 27-acre site has frontage on Hickman Mills Drive, Blue River Road, and East 87th Street.
      Property Highlights
      • Located approximately five miles south of downtown Kansas City.
      • Near Swope Park neighborhood, Oakwood and Hillcrest County Clubs.
  • Plainfield Road

    • Schlapp Road and Plainfield Road, Oswego, IL

    • Located at the three-way intersection of Schlapp, Plainfield, and Simons Roads, this 71-acre site is currently being planned for a mixed-use development of commercial, single family, and age-restricted housing. Oswego is a community about 45 miles southwest of Chicago.
      Property Highlights
      • Located at a three-way intersection.
  • Shelly Materials

    • 3101 Trabue Road, Columbus, OH

    • Bounded by Dublin Road on the north and west, the Scioto River on the east, and Trabue Road on the south, this 607-acre property is currently leased to Shelly Materials Inc. for marketable stone mining.
      Property Highlights
      • Long-term lease with Shelly Materials provides predictable cash flows.
      • Infill location.
      • Future development potential.

Headquarters

8191 E. Kaiser Blvd.
Anaheim, CA 92808
Office: (714) 279-6155
FAX: (714) 998-7574

 8191 E Kaiser Blvd 

Anaheim, CA 92808 

P: (714)279-6100 

Notice of Accessibility

 Hours:

Monday - Friday: 8 AM - 5 PM