The McCaffrey Group officially announced on Monday its plan, with Lyles United, to build the first of seven walkable villages in its master-planned community of Tesoro Viejo in Madera.
Lyles United is affiliated with Lyles Diversified Inc. which owns a group of Fresno construction companies.
The Madera County Planning Commission has approved the first village which is expected to bring 850 homes to the rolling hills and vistas off Highway 41 at Avenue 14.
Tesoro Viejo, meaning “old treasure” in Spanish, will eventually have 5,190 homes on 1,600 acres.
The houses will vary from courtyard living to expansive ranch-style hillside estates. In addition, a town center, recreational areas and a trail system will be built. Plans are to keep more than 400 acres as open space.
To learn more about the project, read my blog post from October after a handful of us from The Bee got a tour of the property.