Friday, September 24, 2010

Question of the Week: Is the economic climate impacting Centennial?

From time to time we receive questions about Centennial to our e-mail address (info@centennialca.com). We welcome your questions about Centennial and will periodically feature questions on Centennial Scout.

Lately we’ve received a number of inquiries about the effects of the current economic downturn on Centennial. Actually, the current conditions make this just the right time to be in the planning process. Centennial is the solution a lot of local residents are waiting for. The new town will bring jobs and drive economic growth in the region.

Once we begin building the new town, Centennial will help address the housing needs of a growing region. Southern California’s population is projected to grow by 3.5 million by 2020 and we need to plan accordingly.

Centennial will be built-out over a period of 20 years and between now and then it is reasonable to expect the economy and the housing market to rebound.

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