Seguin Housing Report

Transcription

Seguin Housing Report
Seguin Economic Development Corporation
-+
DR Horton will introduce its Express Homes
Fire hydrants signal progress at The Meadows at
brand in its latest Seguin development.
Nolte Farms.
Blending the unique sounds of folk and blues, Harp Jensen has achieved national acclaim over the past year. A
1,000+ rooftops
Developers scurry to meet growing
demand for housing in Seguin
Ramping up development after 5+ years of a lackluster housing market doesn't
happen overnight. In Seguin, Texas, where employment growth continued and
unemployment stayed well below state and national averages despite hard times
elsewhere, new housing can't get here fast enough. Fortunately, deals have been
in the works and recent progress has moved them even closer to actual
construction.
On Seguin's southeast side along State Highway 123, streets are going in for DR
Horton's new development, The Meadows at Nolte Farms. With a
neighborhood park and close proximity to schools and shopping, the 382-home
neighborhood is expected to appeal to young families and meet an under-served
price-point for first-time homebuyers.
For the first time in this area, DR Horton plans to introduce two "brands," building
both DR Horton and Express Homes in the Meadows at Nolte Farms neighborhood.
Each brand will have its own model home and multiple floor plans. While Seguin
locations have not shown up on the DR Horton and Express Homes websites,
Britney Jones, who markets DR Horton neighborhoods in nearby communities and
soon in Seguin, said a list of interested home buyers has formed in anticipation of
the grand opening.
Across town, developers of Greenspoint received City Council approval for their
master development plan, which will bring approximately 400 homes and
additional retail along the State Highway 46 corridor near Farm to Market Road 78
and Rudeloff Road. Greenspoint plans higher-end housing on larger lots,
developers said. Approval for the development plan, which includes a critical
thoroughfare through the neighborhood, was seen as a key hurdle for moving the
project forward.
Just up SH 46, the Mill Creek subdivision of Perry Homes, is moving into its 11th phase
with new homes going up one after the other toward its eventual build-out of 400
homes. In The Summit , construction steadily moves toward its maximum of 188
higher-end spec and custom homes, with the addition of an additional 23 lots
opening up this year. In the same general area, plans are apparently in the works
for an additional 500 homes. Stay tuned!
Featured Property
Nolte Farms
± 106.09 Acre Mixed-Use Development
SH 123 & Armstrong Lane, Seguin, Texas 78155
Location:
SH 123 &
Armstrong Lane
Guadalupe County
Seguin, TX 78155
Available Space:
106.09+/- acres
Zoning:
PUD (Planned Unit
Development)
Utilities:
Available to site
Asking Price:
Available upon
request
Frontage:
SH 123:
±3,090.79 Ft.
Guadalupe River:
±1,272.15 Ft.
Website:
Contact:
Corbin Barker
Endura Advisory
210.477.0827 (direct) Group
210.366.2222 (office)
Additional Info:
Development
* Nolte Farms is Seguin's newest Master Planned Development featuring "The Meadows at
Nolte Farms" - a 382-lot, single-family subdivision developed and owned by W & B
Development with DR Horton as the builder.
*Nolte Farms provides various mixed-use sites including: retail, office, medical office,
senior housing, multifamily, hospitality, church, corporate retreats or other commercial uses.
*Nolte Farms is adjacent to Robert F. Koennecke Elementary School and Jim Barnes
Middle School.
Multi-family
*Seguin's two newest Class A, non-affordable housing projects are reportedly 98% & 96%
leased with rents of $1.08/SF & $1.12/SF. The market is ripe for a new multi-family project
and Nolte Farms is the ideal location.
River Lodge
*The Lodge at Nolte Farms offers a unique peaceful setting with almost 1,000' of frontage
resting on the banks of the Guadalupe River. For years it was a highly acclaimed Private
Event and Conference Center and a luxurious destination wedding venue.
* The River Lodge at Nolte Farms has 5,430 SF of living area with 5 bedrooms, 6 1/2 baths,
game room, living room with fireplace, meeting/conference room, patios, outdoor pavilion,
and spacious kitchen. The garden room opens onto a 1,686 SF area with enclosed
swimming pool and spa. A garage and other structures are detached. The beautifully
landscaped lawn area surrounds the house with a treasure-trove of mature trees extending
from the entryway to the riverside dock.
Market Strength
*This region is currently experiencing tremendous job creation. Major employers include
Continental AG (Motorola), CMC Steel, Caterpillar, Tyson Foods, Guadalupe Regional
Medical Center, the Seguin ISD, Texas Lutheran University and Alamo Group.
* Recently opened SH 130 High Speed Toll Road connects to IH-10 just east of Nolte
Farms. This will be a major catalyst for new dynamic growth.
Making the more exciting
projects possible
Infrastructure
Job Fair
Update
Infrastructure projects like Seguin,
Texas' new 1 million gallon water tower
may not be as exciting as landing a
$180 million Caterpillar engine plant, or
sealing the deal for the city's first
Starbucks. But the project shows this
growing city's commitment to smart
growth and its understanding that
progress can't happen without the
infrastructure in place.
To assist Seguin employers
with hiring needs for business
expansion, Seguin Economic
Dev elopment Corporation
held a job fair June 11, to
attract the best and brightest to positions being offered
by nearly 30 different local
companies.
Seguin Economic Development
Corporation partnered with the City of
Seguin to fund the project, after its
successful bid for U.S. Department of
Commerce Economic Development
Administration grant funds worth $1.18
million.
Close to 350 people attended the fair, meeting with representativ es from Cav co,
Caterpillar Inc., Alamo Industrial, Continental Automotiv e,
Cone Bioproducts, Xerxes,
Quality BioResources, Rav e
Being able to meet site selector
requirements for location, land, utilities,
workforce and enticing incentives
has put Seguin on the map for "Where
the Jobs Are" and third in the state for
employment growth.*
As a result, recent business expansions and relocations among
international players like Helmerich &
Payne, Caterpillar, and Continental
Automotive are choosing Seguin.
Gears, Seguin ISD, Nav arro
ISD, Guadalupe Regional
Medical Center, Tyson Foods
and more!
Employers reported they
were confident they would
be able to fill positions based
on applicants they met at
the fair. For more, click here.
And, there's more to come.
Seguin In the News:
(Click to read more)
City of Seguin Selects New Main Street Director
Tyson acquires Hillshire Brands for $8.55 billion in cash
Seguin Starbucks Now Hiring for a July 15 Grand Opening
City gives new downtown restaurant the green light
Seguin Economic Development Corporation
Terry Trevino
Sami Kuhn
Mariah Kilbourne
Director of Economic Development
Economic Development Analyst
Economic Development Specialist
phone 1-888-4-SEGUIN
website www.seguinedc.com
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Seguin Economic Development C orporation | 211 North River Street | Seguin | TX | 78155