Workmen with excavators and bulldozers are cutting two entrances into one of Graham’s largest future subdivisions, off Jim Minor Road across from Graham Regional Park.
Plans approved by the council last September include 252 single-family homes (with either 40-feet or 50-feet frontages) and 141 townhouses (with 20 feet of frontage). The subdivision is sandwiched on 77 acres between Atlas Drive, North Jim Minor Road, Kimrey Road, and Governor Scott Farm Road.
The Riley’s Meadow subdivision was approved on a 3-2 vote. Council members Jennifer Talley and Ricky Hall objected to what they considered the overly-dense layout for the 393-home development on 77 acres across from the city’s regional park.
But the project was approved by mayor Jerry Peterman and council members Chip Turner and Melody Wiggins.
An advantage to the project, in the eyes of its supporters, was the fact that the developer is paying to bring water and sewer lines to the subdivision, very close to the municipal park, an objective that council members have discussed for several years. Running the lines to the park on its own, the council had concluded, was too expensive, but the idea of latching on to the subdivision’s lines across the road was attractive to the majority.
The developer has estimated that the price points on the subdivision would be in the “high $100’s” for the townhouses; “mid $200’s” for the houses with 40-foot lot widths; and “upper $200’s” for those with 50-foot lot widths; and some “could go over $300,000,” based on amenities.
Meritage Homes is the builder for the project. The company describes itself as the nation’s sixth-largest public homebuilder, based on homes sold in 2020. The company also markets itself as an “industry leader in energy-efficient homebuilding.”
MORE IN GRAHAM:
This is one of two projects by the same builder, both in southern reaches of the city: https://alamancenews.com/home-builder-begins-clearing-grading-land-for-129-new-single-family-homes-in-graham/
AND ALSO IN MEBANE:
The same builder, Meritage Homes, has also received approval for a large project in Mebane: Mebane council OKs rezoning for 409 homes on Orange County side of city – alamancenews.com
51 townhouses to be added to 409 homes already approved in Meritage Homes’ Oakwood subdivision: https://alamancenews.com/city-council-approves-townhouses-off-south-eleventh-street/