UCP has significant land acquisition, entitlement and development expertise in California, Washington State and in the Southeastern United States. These markets offer attractive long-term investment opportunities due to favorable demographic trends and positive economic indicators, such as compelling supply/demand characteristics, high home affordability, job growth and educational infrastructure.
Information about our core markets can be found below.
San Franciso Bay Area, CA
An economic powerhouse containing the San Francisco, Oakland and San Jose metropolitan areas, the San Francisco Bay Area has a long-term shortage of housing relative to strong job creation in higher-paying job sectors, supporting a continued demand for single-family homes. Areas with significant growth potential in the San Francisco Bay Area include the East Bay area, South Santa Clara County and the Northern Central Valley.
MONTEREY COUNTY, CA
Situated along the scenic Pacific coastline, including the colorful and diverse city of Salinas and the Monterey Peninsula, Monterey County boasts favorable long-term population demographics. Major cities, which are supported primarily by strong tourism and agriculture industries, include Carmel, Monterey, Seaside, Salinas and Soledad. The area is home to the former Fort Ord Army Base, on which UCP is currently constructing East Garrison, a 244-acre master planned community.
Central California is commonly defined by the San Joaquin Valley which consists of a 40-60 mile-wide strip that stretches 450 miles from Stockton and Mountain House at its North end to Bakersfield at its South end. The region includes the Fresno, Modesto, Merced, Madera and Visalia metropolitan areas. Top employers in this important agricultural region include produce and poultry, farming, packaging and shipping companies, plus local, county and state governments. Central California is conveniently located in close proximity to Yosemite, the Sierra Nevada’s and other natural attractions.
Specifically referring to the counties of Los Angeles, Kern and Ventura, this market represents the largest concentration of population in California. Increasing employment growth has created strong demand for high-quality new homes. This region enjoys an ideal climate year round, features very diverse economic distribution and is home to some of the country’s best beaches along with a number of Fortune 500 companies, tourist attractions, colleges and universities.
PUGET SOUND, WA
The Puget Sound region of Washington State is commonly defined as including the Seattle-Bellevue-Everett, Tacoma, Bremerton-Silverdale and Olympia metropolitan areas but is more appropriately characterized by strong job growth in job sectors such as aerospace, clean technology, and software and information technology industries, which are associated with higher-paying jobs.
Most notably known as the center of the music industry, the region includes the Nashville, Davidson, Murfreesboro and Franklin metropolitan areas. Ranked among 2014’s top ten cities in job growth by Forbes, the market is a center for the health care, banking and transportation industries and is home to a large number of colleges and universities including Vanderbilt University, Belmont University and Lipscomb University. Nashville is one of the country’s most affordable cities, offers a diverse cultural environment and features a number of major attractions and outdoor activities.
Part of North Carolina's Research Triangle, the region’s premier collection of universities, which includes Duke University and Wake Forest University, and favorable employment statistics have contributed to it being named as 2014’s second-fastest growing city in America as ranked by Forbes magazine. The market features a diverse art scene, major shopping and entertainment centers and more than 4,300 acres of parkland.
The second biggest banking center in the country, the Charlotte metropolitan area is home to Bank of America and hosts offices for Citi, Ally Financial, JPMorgan Chase and Wells Fargo. The region has continued to experience above-average increases in population growth since 2010 due to its status as one of the major financial centers in the nation. Home to a number of professionals sports teams and tourist attractions, a vibrant arts and music scene and an inviting culture, Charlotte was ranked eighth on Forbes 2014 list of fastest growing cities in America.
MYRTLE BEACH, SC
Grand Strand is commonly defined as a complex of beach towns and barrier islands stretching from Little River to Georgetown, South Carolina, including the coastal resort city of Myrtle Beach. The Grand Strand is home to an array of tourist attractions, including over 250 premier golf courses, and receives a large influx of visitors during all seasons.
We embrace the following core principles, which have led us to become a respected industry leader and continue to guide us as we strive to improve our business.
We strive to achieve excellence in everything we do with a singular focus on consistently exceeding expectations.
We adhere to the highest ethical standards in order to build and maintain trust and loyalty among all our stakeholders. Exhibiting honesty, transparency and accountability is essential in maintaining our reputation – our most valuable asset.
We continually seek new ideas and approaches aimed at delivering sustainable value for our stakeholders.
We always focus on providing high-quality service to our customers – the lifeblood of our success. We are committed to understanding and responding to customer needs, wants and preferences to ensure and maintain their satisfaction with our business.
We share a common purpose and vision through open communication, collaboration and mutual support, which are vital to our success.
We employ rigorous due diligence in the sourcing, underwriting, negotiation and closing of our land acquisition activities. This process is rooted in an analytical approach, which involves obtaining a comprehensive understanding of the risks and profit potential of each asset, local supply and demand factors, competitive market dynamics and analysis of broader market fundamentals. We seek to mitigate risk and capitalize on opportunity.
Innovation is embedded in our business model and corporate culture. We make every effort to employ new ideas and approaches to identify opportunities aimed at creating long-term value for our stakeholders. Our unique hybridhomebuilding and land development structure provides us with the flexibility to maximize risk-adjusted returns as market conditions warrant. Furthermore, our unwavering commitment to our customers and communities in which we build is the driving force behind our cutting-edge home designs and affordable product offerings.
We leverage deep, long-standing relationships with local land owners, brokers, lenders and development companies in our markets. We believe our positive reputation as a homebuilder and land developer along with our strong track record of lot acquisitions has instilled confidence in our partners that we conduct business in a highly professional, efficient and transparent manner.
We aim to operate as a responsible corporate citizen and approach every opportunity with the desire to make a positive, longstanding social and economic impact in each community where we operate. We seek broad-based community support during the acquisition, entitlement, development and homebuilding processes to ensure the delivery of high-quality homes and communities designed to anticipate future needs and appeal to a variety of lifestyles and budgets.