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Ticker:CALC
Company Name: California Coastal Communities Inc

Business Overview from 10-K filing for California Coastal Communities Inc:

” is a part, on April 14, 2005 the California Coastal Commission approved the Company’s application for a Coastal Development Permit for the “Brightwater” community described below. Brightwater will consist of 349 homes on 68 acres located on the upper bench of the Bolsa Chica Mesa adjacent to Huntington Beach, California. The Company will be working diligently over the next several months to satisfy the various conditions necessary for the Coastal Commission to issue the permit. While it is difficult to predict how long this process will take, the Company currently expects to begin grading during the first half of 2006, begin building model homes in the second half of 2006, and start selling homes in the first half of 2007.     

View the full CALC chart at Wikinvest

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