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 WINDOW OF OPPORTUNITY "THE ANTELOPE VALLEY"

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At the present time the company's operation are mainly concertrated in the Palmdale-Lancaster area of the Los Angeles County.  This area, located north of Los Angeles has been experiencing rapid growth for a number of years.  The population has doubled the past years and growth has accelerated, spurred by the fact that land prices in the rest of Los Angeles County have become too high to make affordable housing for newcomers to California, or first time home buyers possible.  The lower land prices in the Antelope Valley and the municipal building bonds issued by the incorporated cities of Lancaster and Palmdale have resulted in both lower home prices and lower interest rates and payments.  The "CALIFORNIA DREAM" of home ownership is therfore becoming a realality for many in the Antelope Valley.

The growth of the area has futher been stimulated by the advent of more and major industry such as the Rockwell B-1 Bomber Plant, the Lockheed L1011 plant, now utilized for defense projects, the building of the SPACE SHUTTLE CRAFT, as well as a number of smaller satelite industries.  Still to come is the construction of the PALMDALE AIRPORT. 

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The famous "60 Mile Circle" surrounding Los Angeles has only 5% of the land area of California, yet contains: 45% of the population; 46% of its personal income; 56% of its manufacturing employment; 67% of its total international trade; 58% of the headquarters of the 100 largest industrial companies based in California.

It's no secret that the Los Angeles area has one of the world's largest, richest and most diverse economies. A Security Pacific Bank study details just how big and varied the regional economy is: "The area within a radius of 60 miles of downtown Los Angeles has the second-largest concentration of population, employment, business, industry and finance in the United States, exceeded only by the New York metropolis."

Located just 60 miles north of Los Angeles, this blossoming community lies directly in the growth path of California's largest, most rapidly expanding metropolis.

The population influx from an overcrowded Los Angeles is already so substantial that the Valley's two anchor cities, Lancaster and Palmdale, rank among the fastest developing communities in the nation.

Area construction is booming. New houses appear daily, followed by the businesses and retail operations required to support the expanding community. Commercial and Residential developers, industrialists, and the worlds' largest Wal-Mart (now 4 stores including 2 under construction) have seized the opportunities in the Antelope Valley.

Antelope Valley pre-developed land parcels offer the golden opportunities for maximum profit potential. The increase in population and construction booming will again start pre-developed land parcels on a rapid appreciation curve and place the land owners in an enviable profit making position.

You can own a genuine piece of Southern California for the future in a growing area in the path of progress. Southern California is the gateway to the multi-billion dollar Pacific Rim market, which is growing exponentially on a daily basis. Whether you live in California or anywhere else in the world, you can own land here as an investment for the future.

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In 2003, 2,223 permits for single-family homes were issued in the Valley. That number of permits increased by more than 62% to 3,616 in 2004, according to Construction Industry Research Board figures. Permits issued for new homes in Lancaster rose 79%, from 972 in 2003 to 1,740. In Palmdale the number of permits drawn increased 44.9% from 946 in 2003 to 1,371 in 2004.

The values of those permits rose 81.1% across the Valley, from $411 million in 2003 to $744.6 million in 2004. Demand for new homes in the Valley has continued to grow. The number of people who have signed the Anaverde "interest list," for example, is about 6,000,

The average housing Price is about $ 332,500 for E. Palmdale, $ 416,500 for W. Palmdale $ 300,000 for E. Lancaster, and $ 315,000 for W. Lancaster.

The Antelope Valley will have high-speed trains whizzing through it and stopping at a Palmdale station someday, if the $35 billion rail system actually is constructed. The state's High Speed Rail Authority board voted on the rail line's route, which will include a section through the Antelope Valley on its way from Bakersfield to Los Angeles. The estimated travel time from Palmdale to the Los Angeles Basin will be just 26 minutes. The high-speed system also will provide connections to Palmdale Airport 

According to the High-Speed Rail Authority's staff report, the Antelope Valley is the fastest-growing area in Los Angeles County, and the regional population forecasts say the population will grow from nearly 480,000 in 2005 and could exceed 1 million people by the year 2020.

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