By STEVE DOYLE
Times Staff Writer
[email protected]
Meridianville, Hazel Green areas see building boom
MERIDIANVILLE - Bright and sunny. That's Joe Murphy's long-range forecast for new home construction in Meridianville and neighboring Hazel Green. Murphy, whose MarketGraphics Inc. tracks the local housing market for banks and builders, said developers are flocking to the unincorporated suburbs north of Huntsville because of the good schools and affordable land.
"There's lots of available land at reasonable prices there," Murphy said in mid-March. "The terrain is also relatively flat, so it's easy to build upon. All the elements are there."
Developer Wayne Bonner and his business partner, Bland Warren, are also bullish on the area. They are teaming up with Enfinger Steele Development and a local family to build a huge neighborhood on Moores Mill Road in Meridianville. Enfinger Steele is the company behind subdivisions such as Heritage Plantation and Clift's Cove in Madison, and Mount Carmel by the River off Winchester Road.
With more than 1,000 high-end homes spread across 480 acres, Moores Mill Communities could become the biggest unincorporated subdivision in North Alabama. It will be directly across the street from Lynn Fanning Elementary School.
Easy access to school
"The kids can walk to Lynn Fanning," Bonner said in mid-March. "That's the single biggest reason we considered the property."
Bonner said Moores Mill Communities will be "somewhat based" on Edgewater, the swanky Zierdt Road subdivision that he developed in the mid-1980s. Planned amenities include a large clubhouse with junior Olympic-sized pool, lakes, playgrounds and soccer fields.
Homes there will sell for about $200,000 to $600,000, Bonner said, with groundbreaking scheduled for about a year from now.
Farther along is Bermuda Lakes, another Bonner-Warren neighborhood on Moores Mill Road. Bonner said he sold all 72 lots in the first phase to Slidell, La.-based Southern Homes. Houses there will start at around $175,000, he said.
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