New Residential Building Permits in Central: October 2010

Submitted by David Barrow, Assistant to the Mayor's Office

Residential building permit activity in the city of Central picked up during the month of October 2010.  A total of 16 new residential building permits were issued during the month, bringing the total for the year up to 117.  In 2009, a total of 71 new residential building permits had been issued during the ten-month period.  The total building valuation of the 16 permits was $4,250,634.

From these permits, three were issued in Morgan Springs subdivision with an average valuation of $177,393; six were issued in Village Lakes subdivision with an average valuation of $244,729; three were issued in Wisteria Lakes subdivision with an average valuation of $235,148; three on private lots with an average valuation of $288,585; and a five-unit townhome development valued at $678,878.

Many of those building new houses are not new residents to Central.  A large portion are either current Central residents looking to upsize or downsize from their current homes or children of Central homeowners who have grown up and are looking for their first home to buy.

Central’s newest subdivision, Burlington Lakes, located at the eastern end of Hooper Rd behind Amber Lakes subdivision, is nearing final acceptance of the first filing and will feature 68 lots with homes averaging 1600 sq. ft. and selling in the $200,000 price range.    An age-restricted subdivision called The Gates at Burlington, located on Wax Rd near Northwoods subdivision, is nearing completion of infrastructure.  It will feature 53 lots and a clubhouse and will be restricted to people age 55 or over.

Additionally, another phase of the Village at Magnolia Square traditional neighborhood development will start early next year.  It will feature an additional 19 lots.   The second filing of Woodstock subdivision, located off of Planchet Rd, will begin in 2011, bringing the total number of lots in that subdivision to 175.