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 Forward email This email was sent to mkilbourne@seguintexas.gov by seguinedc@seguintexas.gov | Update Profile/Email Address | Instant removal with SafeUnsubscribeâ„¢ | Privacy Policy. Seguin Economic Development C orporation | 211 North River Street | Seguin | TX | 78155