Residential Real Estate and Homebuilders and Housing Starts and Realtors and Real Estate & Retail

PulteGroup plans new neighborhood in Anson

November 1, 2012

PulteGroup Inc. has purchased 24 acres in the Anson development near Whitestown in Boone County and plans to build 36 homes.

The Bloomfield Hills, Mich.-based home builder said Wednesday that the houses will be built at the north end of the Neighborhoods at Anson section, just north of where Pulte has been constructing homes under its Centex brand.

While the number of homes is small, new subdivisions have been rare in the Indianapolis area over the past six years. The few residential builders that survived the recession have concentrated on filling existing developments.

Pulte’s new section has been named Clark Meadows after the former land owners, Don and Virginia Clark. Clark Meadows is eventually expected to have 255 homes on 145 acres, but the build-out is projected to take up to nine years.

Pulte did not disclose the expected price range of the homes. Most of its homes in the Indianapolis area fall in the $225,00-$400,000 range.

Anson is Indianapolis-based Duke Realty Corp.’s 1,700-acre development along Interstate 65 that also includes several apartment units and retail space. Duke has teamed with Browning Investments to develop AllPoints at Anson, the commercial portion of the development. Amazon.com and Express Scripts are tenants.
 

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