The 330 Land Company is a private real estate development company and advisory firm focused on the design and entitlement of for-sale, residential communities in California. We deliver superior risk-adjusted returns to our partners, clients, and investors through unparalleled expertise in the for-sale land market by navigating one of the most complex regulatory environments in the world.
For-sale residential is the most complex and varied product in real estate. We maximize land value by balancing density, product type and project risk against current costs, market conditions and what builders will actually pay.
California’s housing statutes are powerful, complicated, and always changing. We use them effectively to add value while compressing entitlement and permitting timelines that stall other developers.
We have sat on every side of the table with homebuilders — as their employees, their advisors, their land sellers and their buyers. We know how they underwrite land, how their investment committees think, and how they perceive risk.
Entitlement is our core discipline and the source of our returns. We work in any urban jurisdiction in California, and with the special districts and the state and federal agencies that sit behind them.
Moving dirt carries the greatest financial risk in any project, and only direct experience mitigates it. Our principals have delivered projects with severe infrastructure constraints, and are building infrastructure for master-planned communities today.
Our principals spent years at publicly traded homebuilders and have even built a homebuilding company from scratch. We are building for-sale and for-rent communities now.
* Includes projects completed while employed at other firms.
Most developers engage only when they are buying. We advise owners on strategy, feasibility and timing without requiring a transaction, because sound advice earns the engagement that follows.
We contribute the entitlement expertise and the capital to fund it, the owner contributes the land, and we share in the value the approvals create.
We option the land, carry the entitlement at our cost and our risk, and close at a price agreed up front. The owner holds title until the approvals are in hand. Or, we buy the land outright. From the day we close, the entitlement risk and the market risk are ours.
Where an owner has the time and the capital but not the team, we run the entitlement for a fee — assembling the consultants, setting the strategy, and carrying the project through approval.
We partner with owners who want the value that residential approvals create but have no reason to build an entitlement team of their own. We are paid out of that value — so we only do well when the land is worth more than when we started.
Even a straightforward entitlement consumes substantial capital. We fund those costs ourselves, because we back our own strategy and our own management of the consultant team to return the investment.
Our principals have acquired, financed, managed, and sold billions in residential land. We bring that experience to structure a disposition around the owner’s risk tolerance and financial goals, rather than forcing the land into a standard deal.
For inquiries, please reach out to
Eric Higuchi
Principal
16381 Scientific Way
Irvine, CA 92618
Olive Crest opened the Swenson Family Foundation Campus in Santa Ana on September 1 — two new apartment buildings for young people aging out of foster care, alongside an expanded children and family resource center. 330 Land Company entitled the project.
Lead principal · Eric Higuchi on LinkedIn ↗The commission voted 3–1 to recommend approval of Arroyo Lago — 189 single-family homes plus 48 deed-restricted junior ADUs on unincorporated land east of Valley Avenue — advancing the project toward annexation and City Council review. 330 Land Company is the applicant.
Lead principal · Steve Reilly on LinkedIn ↗Meritage Homes paid $14 million for 95 Argonaut in Aliso Viejo — 2.8 acres of office re-entitled for 61 three-story townhomes, three of them affordable. Approval landed five months before the sale closed, and the land traded at $229,500 per approved unit. 330 Land Company facilitated the transaction.
Lead principal · Eric Higuchi on LinkedIn ↗Nick joins host Ryan Glick to talk through how a large master plan changes across a development cycle — infrastructure carried up front, amenity programs that have to move with the market, and the line between risk you can manage and risk that ends a project.
Episode 159 · 36 min · Nick Arenson on LinkedIn ↗330 Land Company came in as the new development team on a 14-year effort to redevelop a former Windsor mobile home park, replacing a stalled 387-unit apartment and townhouse plan with The Cottages at Vintage Oaks — 125 detached homes on small lots across 18.4 acres at 9290 Old Redwood Highway, 28 of them carrying integrated second units for very-low-income households.
Lead principals · Eric Higuchi ↗ · Nick Arenson ↗ · Steve Reilly ↗330 Land Company filed plans for 35 homes and nine accessory dwelling units on 61 acres at 1501 Lucas Valley Road, north of San Rafael in unincorporated Marin County. The site was rezoned for housing under the county’s housing element, and the application seeks a density bonus in exchange for affordable units.
Lead principal · Steve Reilly on LinkedIn ↗The San Ramon Planning Commission took up Windflower Fields — 47 for-sale townhomes and 16 accessory dwelling units on roughly 3.5 acres at 2701 Hooper Drive, the Golden Skate roller rink site. SB 330 caps the review at four hearings; this was the third. 330 Land Company managed the entitlement and sale of the project.
Lead principal · Steve Reilly on LinkedIn ↗