You have reached your limit of free articles this month.

Enjoy unlimited access to SpringfieldNewsSun.com

Starting at just 99¢ for 8 weeks.

GREAT REASONS TO SUBSCRIBE TODAY!

  • IN-DEPTH REPORTING
  • INTERACTIVE STORYTELLING
  • NEW TOPICS & COVERAGE
  • ePAPER
X

You have read of premium articles.

Get unlimited access to all of our breaking news, in-depth coverage and interactive features. Starting at just 99c for 8 weeks.

X

Welcome to SpringfieldNewsSun.com

Your source for Clark and Champaign counties’ hometown news. All readers have free access to a limited number of stories every month.

If you are a News-Sun subscriber, please take a moment to login for unlimited access.

breaking news

Former President George H.W. Bush hospitalized in Houston, official says

New homes to be built in Clayton community


A developer has purchased land at Village of North Clayton to build new homes, hoping to breathe life in the stalled housing development.

The 120-acre development along West National Road (U.S. 40), started in 2006, was envisioned as a mixed-used community of single family homes, apartments and retail shops.

North Clayton Development LLC was the original developer of Village of North Clayton, and defaulted during the housing market crash after 15 initial homes were built, said home builder Tom Peebles, a partner on the project.

About 20 homes total were built and the property has been inactive for several years, said Gwen Eberly, Clayton’s director of economic development and community services.

The apartments were not built, Eberly said.

Retail businesses on site include Esther Price Candies, 4810 Balzano Blvd.; Destiny Salon and Spa, 8949 Anneliese Way; and The Green Nature Cafe, 8941 Anneliese Way.

In 2010, Indianapolis, Ind.-based RCS Holdings LLC purchased the remaining available land at auction, Peebles said.

“It didn’t work out the way we wanted to … but it came at least to a reasonable conclusion,” Peebles said. “I want to see the project continue and I want it to be successful.”

The most recent turn of events is that Craig Crossley, owner of Springfield-based Crosstowne Properties, closed Fridayon a deal to buy seven lots from RCS Holdings and MidUSA Credit Union. Crossley has options on another 20 lots.

“The attractive thing to us is it’s already a developed site and developed lots” with streets and utilities in place, Crossley said.

Crosstowne Properties will build three models of single-family courtyard homes ranging in size from 1,850- to 2,850-square-feet, Crossley said. Prices, depending on buyer options for home features, will range from $250,000 to $350,000.

The homes have been designed to have rear-facing garage doors to fit with the style of existing homes there.

“I expect in the next 30 days to put up a model home,” Crossley said Wednesday. “Then what we expect will happen is we’ll get some pre-sales and as we sell them, we will build them.”

As the economy gets back on its feet, the new construction could help spur more development at Village of North Clayton, Eberly said.


Reader Comments ...


Next Up in Business

Gmail phishing scam may lead users to give up login info
Gmail phishing scam may lead users to give up login info

A new phishing scam is allowing hackers to gain access to unsuspecting Gmail users' accounts and target their login credentials, according to recent reports. Mark Maunder, CEO of security service Wordfence, described the scam in detail in a blog post, adding that it is also targeting other services beyond Gmail. Tech Times reported that the scam involves...
Millennials spend more on coffee, save less for retirement
Millennials spend more on coffee, save less for retirement

A large number of Millennials spent more on coffee in the past year than they invested in their retirement savings, according to a new study. » RELATED: What makes Millennials tick in the workplace? It may surprise you About 41 percent of the Millennials — ages 18 to 35 — admitted to spending more on coffee than they saved for retirement...
Some worry over impact from health care law repeal
Some worry over impact from health care law repeal

The U.S. House of Representatives on Friday joined the U.S. Senate in passing a budget reconciliation measure that would allow Congress to de-fund key elements of the Affordable Care Act, including tax credit subsidies and federal funding for Medicaid expansion in states like Ohio. While some are rejoicing over the move, replacing President Obama&rsquo...
Will Obamacare repeal leave people in the lurch?
Will Obamacare repeal leave people in the lurch?

As Congress moves forward on a resolution to repeal the Affordable Care Act, experts have warned such a measure could crash the law’s commercial insurance program, jeopardizing coverage for 11.5 million Americans, including more than 230,000 Ohioans. But local industry leaders remain hopeful that congressional Republicans — who are leading...
Holiday retail sales up, but some stores suffering
Holiday retail sales up, but some stores suffering

Retail sales hit about $658 billion for the holiday season, but several chain retailers still announced the closures of hundreds of unprofitable brick-and-mortar stores in January — including several stores locally. “These numbers show that the nation’s slow-but-steady economic recovery is picking up speed and that consumers feel...
More Stories