Monday, April 14, 2008

CENTEX Announces sale of lots in Atascadero, next door at Southside Villas, the project is at a dead halt





So the Tribune had an article in Sunday's paper that CENTEX, a publicly traded national homebuilder has sold their remaining unfinished lots at Dove Creek in Atascadero to another developer.

At least that's a better thing than closing down the project like so many others have done...next door at Southside Villas, a condo project that started several years ago, is dead in the water. Stopping by on Sunday, there are 2 finished buildings, and one unfinished 3rd building partially dried in, yet not dried in. Roof tiles started to get put down over the roofing paper which was left out in the sun for what seemed way to long...the decks and stairs are dried in with Desert Crete (I know because I sold the job through a previous employer, who still has the contract), the walls are covered in buiding paper that went on black and has now faded out to a light gray from UV.
Right next door to Dove Creek is Southside Villas and here is the all to familiar conundrum when it eventually starts back up...the underlayment weatherproofing that has no UV resistance to speak of is damaged now by UV. Will the paper and sheathing be torn off where damaged by weather? Or will a sub contractor simply go right over it? While the decks look ok for now, damage could happen due to contiguous building materials being damaged and water getting into the substrate beneath.
If the developer isn't careful, they could find themselves in trouble too.
Remember the 80's? That's when a lot of condo's and homes that were built had problems in construction, we had a big downturn then...and what do we have right now?
All I can say is that it won't be bad for my business...

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