KB Homes Eyes Condo Project in Sacramento
Yet another developer has their eye on a high rise condo project for downtown. Jeff Gualt, division president for KB’s new “KB Urban Division”, will be working on condo projects throughout California, according to an article in the Sacramento Business Journal (via Living in Urban Sac).
Gault said he will focus first on the Los Angeles area, then move on to Orange County, San Diego and the San Francisco and Sacramento areas. By next fall, he expects to be operating in Sacramento, looking for downtown sites for condos that would sell units at $400,000 to $800,000.
