Head to southwest hills for new development.
Wend up Hawkins Lane from West 18th Avenue into Eugene's southwest hills, turn right on Hallmark, and you'll soon find yourself poised at the edge of the Aerie Park planned unit development.
Owner and developer George Ropchan says streets, sidewalks, sewers, curbs and gutters will be completed by the end of November, making 29 building spaces available for new houses. "We just sent out our marketing material, and we just sold two lots this morning," Ropchan said last week.
Nearly half of Aerie Park's 19.4 acres - on a hillside with a creek running through it - will be held as common area, he said. The remaining 11 acres will be divided into individual lots, averaging about 15,000 square feet, with the smallest a little more than 9,000 square feet and the largest a whopping 72,000 square feet, about 1.75 acres.
The Aerie Park PUD was already in the works when Ropchan and his partner in the project, Chris Rowe, came into the picture. Using a limited liability corporation called G & C Enterprises, the pair bought the property from Randy Cuddeback a year ago, for $950,000.
Cuddeback already had gone through most of the hurdles of designing and applying for the planned development, "and we followed exactly the same plan," Ropchan said.
Aerie Park is not his first development project but, as owner of Wes-State Mortgage, Ropchan, who has lived in Eugene for more than 30 years, far more often finds himself on the other side of the desk.
A decade ago, he finished a condominium project called Sunset Meadows on Oak Patch Road, he said, completing the last 46 units of a 108-unit project that had gone through a tax foreclosure.
G & C Enterprises will not build any of the homes in Aerie Park themselves, Ropchan said. The lots will be sold to other home builders. Prices for the lots begin at about $149,000 for the smaller lots. The 1.75-acre parcel probably will carry a price tag of about $159,000, Ropchan said.
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|Title Annotation:||Real Estate & Housing|
|Publication:||The Register-Guard (Eugene, OR)|
|Date:||Oct 10, 2006|
|Next Article:||Community icon Joe Romania dies at 86.|