French Valley South, Riverside County, California
In late 2009, an affiliate of Mission Pacific acquired French Valley South, in connection with a workout of a note collection. French Valley South, a 303-lot single family residential project, is located in unincorporated Riverside County near the City of Temecula. The property, which is in the desirable Temecula Unified School District, was acquired with an approved tentative map and some engineering completed.
Mission Pacific solved remaining development issues regarding off-site sewer improvements and an off-site drainage basin and completed the final engineering to make the project “shovel ready” for a buyer. Mission Pacific sold the property to a public homebuilder in 2019.