New twist on the Old World
A Bend developer wants to create a Tuscan-style housing community for 2,000 people near Roxy Ann with bike trails, walking paths and tennis courts
ABend developer is reviving a 10-year-old 166-acre residential development on the south flanks of Roxy Ann Peak.
Ray Rosecrans proposes between 500 and 857 residences on a boot-shaped parcel wedged between Vista Pointe, Skycrest, Eagle Trace and Oregon Hills subdivisions and the city's Prescott Park. The Medford Planning Commission signed off on the original proposal back in March 1995.
Rosecrans, who is purchasing the land for &
36;25 million through a Reno, Nev., bankruptcy court, thinks the time is right for the development.
There are 38 million people living in California and 15 million are baby boomers, Rosecrans says. We only need 500 of those 15 million. This is going to be a project that will excite a lot of people. They're going to want to move up and into it.
The development has been known by several names, including Medford Highlands, but Rosecrans indicates it will soon be called The Pinnacle, because it overlooks everything. He predicts the project will take six to eight years to complete, finish with about 600 units and house about 2,000 residents.
— Rosecrans, 47, and his wife, Laurie, graduated from Crater High School. He began his construction career here and then moved to Bend 15 years ago. His residential developments include Tri Peaks and Tangle Creek subdivisions. Now he wants to try his hand at a project that has stymied several previous efforts. He says the closing date on the bankruptcy deal is March 16.
We're optimistic this is the right project for the right time, Rosecrans says. Medford has been dying for a project like this with open space and having that nostalgic Old-World Tuscan theme.
He says the project, whose original design was by Downing, Thorpe & James of Boulder, Colo., includes row homes ranging from 1,500 to 2,200 square feet, separate houses ranging from 2,200 to 3,000 square feet and executive homes between 4,000 and 5,000 square feet.
Rosecrans says the first two of eight phases are being platted now.
Normally I would expect to break ground in four to five months, but I'm hearing it might take a year.
Few people will be as happy to see the project finally take off as Lyle McLaughlin, who was point man for the partners who got the project approved in 1995.
It's got a combination of astounding views and open space, McLaughlin says. It was designed so that it wasn't your normal subdivision.
The concept, he says, was for hillside villas aimed at young professionals.
Even at that time, the price of homes in the valley was getting way too high, McLaughlin says. Usually you talk supply and demand in real estate, but in this case we had a lot of supply and a tremendous amount of demand for housing as well.
Plans call for tennis courts, walking and bike paths and 23 acres of common areas. Rosecrans suggests a vineyard could be planted in part of the common area, producing a crop that could offset association dues.
The original PUD included a small commercial zone and the developer would like to include a restaurant, whose views of the valley would be a drawing card.
Like in Bend, we'll start off with a clubhouse, swimming pool and exercise area, Rosecrans says. From there, we'll put in the cluster homes and row homes.
Originally a 221-acre, 972-home development, about 55 acres was shaved off and became part of Chris Galpin and John Schleining's Vista Pointe project.
More information on the development is available by calling Rosecrans' No-Ka-Oi Construction office at 541-317-0381.
New twist on the Old World"email@example.com.