The Antelope Valley

Every dream has a beginning. The Antelope Valley represents the greatest potential of any area in Southern California to realize dreams. Every household, business system, job creation, food, energy and water supply begins from the land and space available. In terms of space, the Antelope Valley is virtually the size of Connecticut…there's land to develop now and there's land (unimproved) to develop in the future. Retail markets are expanding, new Commercial and Industrial development projects are starting all over the Valley. The present opportunity is for you to expand your wealth in the AV.

According to Greg Whitney, V.P. of business development for Los Angeles County Economic Development Corporation (LACEDC), there is demand for 20 million square feet of Industrial Space annually in LA alone and an 11 million square foot shortfall. Over the next five years that will cost Los Angeles $ 5 Billion in lost wealth. Now is the time for area leaders to develop responsible agendas to serve the next generation. The Antelope Valley has land available to supply that need with a highly skilled work force positioning North Los Angeles County and East Kern County areas to benefit from economic growth. Due to LA Metro urban sprawl, a resurgent California economy, localized incentive zones and active leadership in the Antelope Valley, cities in the "golden corridor" have come of age.

Southern California Association of Governments (SCAG) reports that the Antelope Valley will grow to 1.2 million persons by 2020 and current U.S. Census count data correlates that forecast. The choice is pretty simple for hundreds of thousands of families- to own a home here where the average price is $100,000 less than in Los Angeles County and the quality of life is excellent. Here in the Antelope Valley, Dreams Equal Reality.

California City

Benefiting From Vision

California City is located in Kern County seven miles northeast of Mojave. This expansive city can be reached from California 14, California 58 or U.S. 395. The forefathers of our 204 square mile city built an elaborate water system and public road system serving thousand of buildable lots. Today's beginnings of an expansive city include a new McDonald's, a new Rite Aid, a new Jr. High School, a new primary care center, a new airport terminal, a new Airport Industrial park, a new police station and a new sewer treatment system. Our existing city hall, public library, post-office, 80-acre park and lake compliment two 18-hole golf courses. The Championship Course - Tierra Del Sol and the Executive course is situated in the core of the community. This master planned community now has 26 churches, two excellent schools, industrial expansion and a fast growing population. California City, a City with a Country Life, has become a growth leader.

An American Heritage Right to Own

Before white settlers came in 1769, the Paiute Indians of Shoshonean speech traveled East Kern County from the hi-desert to the nearby Tehachapi Mountains gathering and hunting. To some the hi-desert Antelope-Valley remains an un-discovered territory of beauty and serenity. To many it is a new opportunity for peaceful quality living in an unspoiled community. Our property owners enjoy the country lifestyle; golfing, tennis, fishing, flying, camping, hiking, rock-climbing, hunting, panoramic sunsets and abundant open space in the nearby National Forests and Kern River Valley. To live in East Kern County is to live where families can ride motorcycles or horses in the open country near their homes.

BWC owns more than 100 vacant parcels; including residential home sites, apartment sites, and commercial properties within the California City and the East Kern County communities. According to research studies, California job growth and record low interest rates  has benefited the construction industry- driving demand to real estate products. The State required  development of 300,000 acres of vacant land to construct 1.2 million homes in order to meet pent-up demand over the past eight years. Presently, the State requires 220,000 housing units annually to meet demand . Current reports indicate this once remote hi-desert region commonly referred to as the Antelope Valley is a “hot housing market ” and “fast growing”. The Antelope Valley, including California City is in prime position  for substantial industrial and residential growth. Current projections indicate Southern California’s growing population will extend into and saturate the Antelope Valley over the next 20 years. Southern California Association of Governments (SCAG) reports that 800,000 more people will live in the Antelope Valley in the next twenty years in 254,000 new housing units . “The population of Kern County  will triple by the year 2040.”   Kern County is the states second fastest growing County. California City’s smog-free, moderately comfortable  climate and quality lifestyle will attract thousands of residents to this community.

California City, located 51 miles north of Palmdale, California and only 15 miles north of Edwards Air Force Base, will have substantial, dramatic real estate growth potential over the next ten years. Recent studies prove this area’s strong growth rate, as it is closely located next to Palmdale, once the “fourth fastest growing city in the nation”. At 7.98% annual population growth since 1997, East Kern County leads the Antelope Valley in growth. Comparatively the Antelope Valley area is growing at 2.65% and Los Angeles County at 1.37% . Between 1980 – 1990 population growth in California City was 121.17%, where the 2000 Census count is 10,296. U.S. Post Office estimated 1998 population in zip code 93505 at 12,000. Using the last 20 years as a guide, California City should grow by 40% to a population of 14,414 (within a 10 mile radius from Civic Center) demanding 1000 new housing units over the next five years .

Growth and Progress

Corrections Corporation of America (CCA) has already completed the $100 million - 2,304-bed private California City Correction Center (CCCC) at Virginia Blvd. in California City. Plans have also been approved to expand another 512 beds. The Federal Government signed a $530 million contract to house inmates in California City . As a result, the local area is benefiting from job growth . Predictions are that 200 new housings units  will be needed in the area to absorb demand. Employment in March, 2003 is at 550 persons. According to CCA Business Plans, even more jobs will be created when the facilities expansion in California City is complete with as many as 5,000 beds.

The State Transportation Improvement Project (STIP) indicates $75M in funding for new construction helped complete portions of the freeway widening projects at the Mojave Freeway Bypass Loop. Construction started January 2001 and the four-lane freeway phase I completed in fall of 2003. Our research indicates that Industrial expansion is imminent along this transportation corridor. Recent plans call for the $55M North Mojave Project and California City Blvd. scheduled for completion  by 2006. The community leaders are viewing Hundai-Kia commitment  to build a $50 million Proving Grounds just south of the City as one example of a job provider and economic stimulant to the community. The city is also currently active in attracting business to the Airport Industrial Park, a 50,000 square foot major supermarket, two more fast food restaurants and a 50-room hotel .

IKEA has already built a distribution center in Kern County at Tejon Ranch. Los Angeles County demands conversion of 20M square feet of Industrial land space annually. The County forecasts that the shortfall in supply will be in excess of 11M square feet of land annually over the next five years. Industrial expansion into the Antelope Valley and Kern County  is immanent. Our parent company has evolved our Community Development Programs to meet a fractional portion of this demand.

Governor Gray Davis led a charge to bring the Joint Strike Fighter project to nearby Edwards Air Force Base and Plant 42. The increased activity at Edwards will create thousands of new jobs and billions into the regional economy .

According to Steve Johnson, partner and chief executive of The Meyers Group, “the supply of ready-to-build lots is low in part because no institutional group has come forward to finance land development as the savings and loan industry did in the 1970s and 1980s.”  BWC land projects are generally free and clear from encumbrances. Conditioned upon financing, BIG WEST HOMES is positioned to meet demand and produce hundreds of ready-to-build home-sites phased in several planned-development projects. The focus of our building programs will be located within 100 miles of the hottest housing market in the nation, The Los Angeles-Long Beach area .

Our first objective is to fund  and develop model showcase homes on existing improved properties  within strategically selected  planned communities. We are prepared to begin community development and phased building programs with “North City Estates”. We will then continue with “Parkway Estates”, “Villa del Sol” and “Twin Butte Ranch Estates”. Our initial commercial projects in planning are “North Valley Ranch” and “Baron Resort and Spa” in California City. We are also projecting future developments primarily along State Route 14 Industrial corridor to the south and west of California City. Subsequently, we will position in other areas of the Antelope Valley and Eastern Kern County, including Palmdale, Lancaster, Rosamond  and North Edwards .

Alturas, California

BIG WEST HOMES also plans to build a series of Production model vacation homes, including the "Mountaineer" Plan. These quality homes will be offered for the moderate to upper income owners. The average monthly mortgage payment is under $1000. Sales prices will range from $99,000. to reach $159,990.

BIG WEST HOMES has committed to securing a manufactured home dealer/developer arrangement with KARSTEN HOMES and SILVERCREST. The manufacturer offers custom designs and builds mountain vacation homes for property owners who choose to "Live Dreams" at California Pines Resort. This entry-level product will reduce risk to our marketing and sales programs. These well-built off-site built homes will start at $89,990, including the land, services, permits and construction set-up. BIG WEST CORP. has created housing solutions and diverse options for the homebuyer.

Our five-year plan includes a 14-room destination Cedar lodge resort and community event center planned. The 8600-square foot facility has a small kitchen, dining area, great room, game room, TV room, fitness center and executive sales offices. This unique Cedar lodge has a large deck with an inspirational panoramic view from Hermit Butte to Alturas across to the Warner Mountains extending to Manzanita Lookout. The lodge will accommodate property owners and can be used as a "sales center". Within the sales center, homebuyers will find exhibits of vacation home designs, floor-plans and renditions of elevations. Design Center samples of the quality material choices will be available for all new property owners. The commercial property has been acquired, preliminary marketing tests reviewed and the renderings are complete.

In Conclusion, BIG WEST RESORTS, A DIVISION OF BWC will conduct exhaustive land planning and market surveys. Property owners enjoy resort amenity facilities and desire to participate in recreational activities; golf, hunting, equestrian, snow-mobiling, boating, fishing, flight- training, community activities and other well sponsored events. We envision a 24-hour toll free operator and web site, which can book the activities and coordinate the events. The innovative web site will concurrently promote the resort activities in a very exciting and graphic manner.

Illinois Valley - O'Brien, Oregon (Josephine County)

A Future BWC Community Development Planned Program. Presently, we have built one model showcase home on Redwood Highway No. 199 just south of Cave Junction. The "Redwood Ranch Project" was the first custom home built outside California under our construction division, BIG WEST HOMES. The project has received final phase of funding to complete outbuildings, finish carpentry, the interior furnishing, amenities and decorating. The plush valley and surrounding mountains are an attraction to those who chose a lifestyle of serenity, nature and acreage. The senior housing demand has increased in this region and prices are sharply rising.

Lake Shastina - Weed, California

A Future BWC Community Development Planned Program. Presently BWC has clear ownership to three properties, including one parcel dedicated for a model showcase home. BWC has reviewed plans and cost breakdowns to complete its first showcase home in Lake Shastina. Presently, its Officers are considering opening a sales center. A lead generation program has been completed and demand is peaking. Sufficient leads are available to expand operations in Northern California and Siskiyou County. Associates with experience in Building Systems industry desire to team up with BIG WEST HOMES to generate market activity to real estate products at Lake Shastina. BWC Officers have contacted local area builders and brokers to team up with our parent company for community development.