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Real Estate Developments in the Works

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Debora Vrana covers real estate for The Times. She can be reached at (714) 966-5979 and at debora.vrana@latimes.com

John Laing Homes has purchased 13 acres in Rancho Santa Margarita to build Santa Fe, a neighborhood of 136 attached homes starting at $136,000. The project will open in October. William Lyon Homes purchased nine acres to build Lyon Promenade, a neighborhood of 71 homes. Five new housing projects have recently opened in Rancho Santa Margarita, a 5,000-acre community with more than 25,000 residents. . . .

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