PRINCIPAL, PRIME TIME COASTAL DEVELOPMENT
WHY: Heads Irvine-based builder that specializes in Laguna Beach and Newport Beach custom homes, most recently secured contracts to rebuild homes in the Coronado Pointe neighborhood in Laguna Niguel following devastating 2022 fire.
IN THE NEWS: Values for prior homes ranged from $3M to nearly $10M; newly built homes will cost around $2.5M to $4.5M to rebuild, with new values expected to range from $5M to north of $10M.
QUOTABLE: “Many of the homes were originally built in the 1990s. These new homes are going to be beautiful, with soft contemporary designs.”
