Stream Valley sales gain steam, Vandalia Cottages to break ground in downtown Franklin
Developers of the Stream Valley neighborhood announced recently that 45 customers have either purchased or have placed contracts to purchase personalized homes in the neighborhood since August. Since last fall, 10 homes have been built, 20 are currently under construction and the remainder are expected to be completed within the next six months. Stream Valley is located near the intersection of Goose Creek Bypass and Lewisburg Pike, and less than one mile from the new Berry Farms Town Center, the 840 Loop and Interstate 65. The 345-acre, mixed-use community includes 800- plus lots surrounded by 45 percent open space and creeks running throughout the property.
“Williamson County is one of the hottest markets in the country, and Stream Valley is perfectly situated for convenience while still offering incredible natural beauty and a wonderful community,” said Alex Marks, senior vice president of Tower Investments, LLC, which purchased Stream Valley in June 2012 with Tennessee Contractors, Inc. “We believe this neighborhood represents the best value in Franklin in new construction, with upscale fi nishes, generous lot sizes and plenty of opportunity for customization.”
The partnership pre-sold the entire development to national homebuilder Ryan Homes, which entered into the Middle Tennessee market in mid-2012. Ryan Homes started in 1948 as a small, family run business and has evolved into one of the top-five homebuilders in the nation, according to information provided by the company. Ryan Homes builds each home to Energy Star standards, and 98 percent of buyers say they would recommend Ryan Homes to family and friends.
Ryan is offering several home designs that can include as many as six bedrooms, four baths, up to a three-car garage and 4,400 square feet to choose from. Prices start around $260,000. For more information, visit to www.streamvalleyusa.com or call 615-946-6272.
VANDALIA COTTAGES TO BREAK GROUND IN DOWNTOWN FRANKLIN
Bristol Development Group announced it will soon break ground on a “pocket neighborhood” on Boyd Mill Avenue in downtown historic Franklin. The custom-built new homes will range in price from “the $200s to the low $400s,” according to BDG.
Vandalia Cottages, on Boyd Mill Avenue, will utilize one of the last remaining open lots in downtown Franklin. BDG said that in order to maximize the space, it will challenge the notion that density is bad.
“We’ve become very attuned to what buyers are looking for within the urban core in Nashville and other major markets, and pocket neighborhoods are addressing this missing element that people find really attractive – smartly designed, smaller spaces and high-end finishes within a tight-knit community,” said Ashlyn Hines, a principal with Bristol Development. “This is a price point for quality new construction that hasn’t existed inside the Mack Hatcher loop, much less within walking distance of Main Street. It’s a lifestyle that a lot of different buyers are looking for.”
Vandalia Cottages will break ground in the coming weeks, with the installation of a bridge across Sharp’s Branch from New Highway 96 West for vehicular traffi c. Pedestrian traffi c to downtown Franklin will be via Boyd Mill Avenue.
Seventeen units – four different cottage home designs ranging from 1,250 to 1,805-square feet – will be built around common courtyards that feature shared open space and lush landscaping. Most importantly, the concept encourages more interaction among neighbors and the cultivation of meaningful relationships.
“When you think about it, neighborhoods are most often oriented toward the car rather than the person, and we spend our time at home behind tall fences in the back yard,” said John Abernathy, a partner with the award-winning architecture fi rm of DA|AD, who designed the cottages. “This is about wide front porches that face each other, and shared space that everyone uses together. It’s been extremely popular for all the right reasons.”
Abernathy said the homes will feature chef-grade appliances, granite and hardwoods throughout, tiled baths, gas lanterns, and antique architectural elements make each home truly unique. For instance, reclaimed historic front doors and newel posts add oldhouse touches to energy-efficient, space-conscious new construction.
Bristol is partnering with Bob Parks Realty for sales.
Hines says she expects the 17 units to sell very quickly. For more information, visit www.vandaliacottages.com.
Posted on: 5/3/2013