All stories about "Kb Homes"

Friday, March 28, 2008

· London West Hollywood opening April 1; Hmm, pool opens 6/1 [HotelChatter]
· Service cuts: Hey MTA, think of the working class [Daily News]
· The dread begins: See you in the Dodger Stadium parking lot [LA Times]
· Santa Ana's war on dancing may come to an end [OC Register]
· Pasadenans go apeshit over proposed strip mall; good for them [Pas. Weekly]
· Poor homebuilders: KB Homes takes nosedive on earnings report [CNN Money]
· WeHo residents bid for daytime preferential parking rejected [WeHo News]

Tuesday, March 25, 2008

> Ascent Fire Update: Not A Complete Loss —

Curbed LA sources report that the KB Home's Ascent condo project will not be a complete loss following yesterdays terrible fiery inferno. Damage was mostly limited to the building's fourth floor, with some spill over into the third. This latest info refutes earlier reports that the structure was a complete loss. The project, which was 3/4 complete, appears to be moving forward again, if only in baby steps. [Curbed Staff]

Monday, March 24, 2008

Ascent Update: Welder Accidentally Started Fire, Construction Cam Reveal

What appears to be final word on this morning's fire at developer KB Homes' project Ascent at Warner Center: A welder accidentally started the blaze "when a piece of molten metal fell onto tar paper on the story below," according to SignOnSanDiego. Isn't tar paper always to blame. And three-fourths of the development was spared. And the fire via the construction cam: The second shot is before the fire started.
· Wing of big L.A. condo construction site burns [Union-Tribune]
· Update: KB Home's Ascent Fire; High 300s, Indeed [Curbed LA]

> Ascent Fire Update: Spark! Spark! Spark! —

A quick update to this mornings disastrous fire at the KB Home's Ascent condo development in Warner Center. First, via the comments "'Sparks' was the cause according to a worker on the scene." Second, the LA Business Journal reports that Ascent was the "first new project by [KB Homes'] KB Urban division after the company pulled out of the Convention Center hotel project at L.A. Live in December 2006." And lastly, KB Home's stock is up 8.66% today on news of the modest bump in existing home sales for February. [LABJ/FOX Business]

Update: KB Home's Ascent Fire; High 300s, Indeed

We stopped by the KB Home's Ascent project near the corner of Canoga and Erwin in lovely ash-covered Warner Center. Above: Snaps from the reconnaissance mission. Reader Adam also alerts us to the live web cam broadcasting at the project. Hello Mr. Fireman. We're guessing the smoldering units will need to be reevaluated in terms of pricing.

UPDATE: Los Angeles fire spokesman Brian Humphrey tells KTTV-TV "the fire is burning from the top floor of the construction site, but that the structure will likely be a complete loss." Fox News is reporting that over 200 fireman were on scene and that the fire was reported under control at 10:05 am.

UPDATE: Maybe not a complete loss. SignOnSanDiego is reporting that more than three-quarters of the property appeared to have been spared, he said.
· Morning Fire at KB Homes Project in Warner Center: Another Shot [Curbed LA]
· Breaking: Massive-Looking Fire in Warner Center [Curbed LA]