Sunday, September 10, 2006
Construction is under way on Plantation Lakes off Alabama 59 in Summerdale, where homes will range from $189,000 to $275,000, according to Cowen Developers of Pensacola, Fla. The lots start at $40,000 and lake lots are $55,000. So far, 12 of the 43 lots in the first phase have been reserved, and there will be a total of 90 lots. The second phase will have multi-family units and commercial space. The amenities include a clubhouse, swimming pool and landscaped lakes. The Real Estate House is marketing the project.
Construction is under way on 114 condominium units at Jubilee Ridge on Baldwin County 64, east of U.S. 98 in Daphne, and the first 8 units should be done by the end of the year, according to Anthony Kaiser of Realty Executives Gulf Coast, one of the developers. The units start at $199,900. Cynthia McAllister of Realty Executives Bay Shores is co-marketing the units.
The 71 lots in The Mead ows at Point Clear on Section Street and Dairy Road in Point Clear have presold to builders for a total of $6.5 million, according to B.T. Roberts of Roberts Brothers Commercial & Property Management. He and Richard Rowan are developing the community, which will have $500,000-plus homes on the interior lots and $1 million dollar homes on the large lots.
The eight-unit Laguna Breeze condominiums on the north side of Fort Morgan Road in Gulf Shores have presold, according to developers Nick Wilmott and Sam Gates of Weichert Realtors Sea-N-Shore in Gulf Shores. The four-plex units were priced at $197,650. The contractor is Motes Construction and the units should be finished by next March. The units have lagoon views but are not on the waterfront. The developers are looking at building additional units there.