The Tustin City Council picked Irvine homebuilder Standard Pacific Homes to build 231 to 238 new homes at the Tustin Legacy project, a massive redevelopment on the former Marine Corps air base. A dozen builders had applied to be the first to build for-sale homes on the 51-acre parcel located near Jamboree Road north of Warner Avenue. The Irvine Co. and St. Anton Partners already had been chosen to build apartments.
Builders have been clamoring to be part of the Tustin Legacy ever since the city took the project over from a contractor that withdrew after calling the project worthless. The city took over the job of selecting builders to develop the 820-acre Tustin Legacy project in about 13 phases.
Assistant City Manager Christine Shingleton said Standard Pacific was picked from three finalists because the firm is willing to build all the infrastructure, will help form a special district to raise money for the infrastructure for the entire project and because it’s going to pay cash. Not borrowing money will eliminate contingencies and speed the project along, she said.
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