55-plus community breaking ground in Lower Swatara Township
A new 55-plus residential community will break ground this week at the corner of Nissley Drive and Fulling Mill Road in Lower Swatara Township.
The Pond on Fulling Mill, which is being developed by Sierra's Glen Developers LLC, a Highspire company, will include 83 homes that will range from $200,000 to $260,000. Those units will range from about 1,500 square feet to 2,100 square feet. Most of the buildings will be townhomes and duplexes.
The first phase of the project will include 26 homes, developer Ian Castaneira said. A model home is expected to be done by the end of September. Phase one could be completed over the next year, depending on sales demand, allowing the second phase to begin, he said.
He's hoping the entire project, which will cost about $14 million to $15 million to develop, will be built within four years. But there also is potential for an expansion, he said, if housing demand is there and adjacent land is available.
"Demand is high in this area (for 55-plus), but the supply is low," Castaneira said.
The goal is to offer housing options for that segment of the population at an affordable price point, he said. The community will have walking trails, a fitness center and community room.
The 22-acre tract also includes about six acres of commercial development. The commercial piece is being led by JPM Development Group, a Lititz development company that primarily does residential work.
The four commercial lots along Fulling Mill Road are being marketed for a mix of retail services, a small coffee shop or restaurant and medical office users. The recreational facility for the 55-plus community will be connected to that part of the development and should be the first building done, said Mark Will of JPM.
He expects that building will be open within a year.
Will's group originally purchased the tract with the intention of developing it all around 2009, but those plans were delayed. Sierra's Glen recently surfaced as a partner on the tract.
The company has hired Re/Max Delta Group Inc. to market the homes. Other partners include Livingston Excavation and MSC Construction for site and foundation excavation. Navarro & Wright Consulting Engineers is the lead engineer on the project.
Sierra's Glen developed the Romulus Run Town Homes near Penn State Harrisburg and Sierra's Glen Self Storage in Lower Paxton Township.
Residential demand in Central Pennsylvania remains strong, which has challenged the available supply of homes over the last year or two.
But developers have been trying to bring new projects to the local market, including a lot of mixed-use communities and residential developments that include a variety of housing types.
"We're definitely seeing an increase in demand," Will said.
His team, which specializes in new-home communities, is marketing 28 townhomes in Haydn Manor in East Hempfield Township, homes that start around $299,000.
And a 207-lot community that would include a mix of single-family homes, townhomes and semi-detached homes is in planning for Lower Windsor Township, York County.