California Gold Development Corporation    
 
 
  Firm Overview


History of an Exceptional Development & Construction Firm

California Gold was originally founded by Michael Q. Jones in 1975 and later incorporated in 1978. In 1981, Ron Woodall joined the company as a managing partner, and together, the pair built and expanded the firm's capabilities and project breadth. In the early days of the firm, the partners wore many hats: construction managers, contractors, CFOs and business brokers. Their experience—both in the field and in the office—gave them a comprehensive understanding of the myriad of aspects that create investment, development and construction opportunities.

Today, California Gold’s principals continue to manage the company with this core value. They honor the tenet to first develop a relationship, then construct the project, and finally deliver more to the client than they expect. Relationships + Execution = Reputation which translates into Success!



Construction Services DivisionConstruction Services Division

California Gold was originally established as a forward-thinking construction firm, specializing in custom homes. Today, with team experience spanning construction of everything from houses to high rises, California Gold continues to lead by offering premiere construction services in almost every sector of commercial real estate development. Whether it is medical clinics and facilities, commercial retail centers, professional offices buildings, or industrial complexes, the construction division team brings a relationship-based approach to each project. What does this mean? It means California Gold prioritizes the client's needs and executes the project using the most innovative building methods.

California Gold is a full service general contracting firm which holds a Class A General Engineering license, and a Class B General Building license in California & Nevada. Moreover, having a principal in the firm that is a Leadership in Energy & Environmental Design (LEED) Accredited Professional has enabled California Gold to expand its construction versatility while demonstrating its expertise and commitment to ‘green' building practices as evidenced by its completion of LEED certified projects.



Construction Services DivisionDevelopment Services Division

As the company matured, so did its recognition that it had greater capabilities to offer its stakeholders and clients. Through California Gold's experience advancing its own real estate portfolio, it realized that bringing projects online meant that they were often times required to run the gauntlet of regulatory entitlements. By 1988, the development division was born and offered to business owners and clients who had enterprises to expand, but lacked the desire or expertise to navigate the process of garnering governmental approvals.

Coupled with the company's history as contractors, it was a natural evolution in its ability to add value to its services due to its first-hand knowledge of project costs. Integrating the responsibility of development services allowed California Gold the ability to innovate by employing a ‘hub of the wheel' philosophy to its services. With an ownership structure that allows a centralized point of control throughout the real estate development process, land acquisition, lease negotiations, management of design professionals, and contracting services could all be achieved as a single orchestrated unit. Not only does this streamline the overall process itself, but it offers a tremendous cost benefit to a project's bottom line.



Investment & Brokerage DivisionInvestment & Brokerage Division

By 1995 with its flagship 237 unit Sonora Hills retirement community in full swing, it became evident that the company had the opportunity to further integrate its services by offering real estate brokerage. For the years in between the company operated a private brokerage company, and then in 2002 California Gold launched Prudential California Realty. With three offices in two counties, Prudential California Realty provided brokerage and real estate services for commercial and residential properties. Despite the continuing challenges of the real estate market, Prudential’s team of realtors and brokers allowed the firm to handle all aspects of their customer’s needs while complementing California Gold’s mission of providing its clients a one-stop solution for development and construction services.

In 2009 Steve Campbell Sr. joined Prudential California Realty as General Manager, bringing with him more than 35 years of diversified business experience. He became the Broker-Owner in 2012.

In late 2012, Warren Buffett’s company acquired the Residential Real Estate Segment from Prudential, launching a new brokerage brand Berkshire Hathaway HomeServices. In 2014 our Prudential California Realty offices transitioned into Berkshire Hathaway HomeServices California Realty (BHHSCR). With offices located in Sonora, Twain Harte, Lake Don Pedro and The Sonora Hills Community, Berkshire Hathaway HomeServices California Realty strives to deliver the best overall values & is committed to doing things right with focus on helping their customers reach their goals. BHHSCR is now an independently owned affiliate with services that can be accessed at bhhscr.com.



Construction Services DivisionProperty Management Division

As a natural progression of California Gold's growth and "build to hold" core value, the need for property management had become a growing challenge to meet. Having managed its own portfolio for over 25 years, in 2003 California Gold formally responded to this need by creating a property management division which further integrated this real estate service into its ‘one stop' approach. Currently representing 25 subsidiary entities that employ over 200 people, this division is responsible for the management of all the company's assets which has serviced a diverse client base including such national tenants as Starbuck's, Lowe's HIW, AT&T, Regal Theaters, Applebee's, the Department of Veteran's Affairs, and the Department of Homeland Security to name a few.



Construction Services DivisionSpecial Assets Division

Partly in response to challenges in the marketplace, California Gold has recently embarked on yet another enterprise to complement their investment portfolio. In 2011, California Gold Energy was created to support the development and operation of fueling stations typically co-branded with national quick service restaurants like McDonald's. At the present time, the first of these ventures has now been opened with two more locations currently under development.


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