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Monday, May 2, 2016

Condo plan back on track, in ground in March

Monday, February 19, 2007

Interest coming from Lakes to California

The plan to construct a new neighborhood of upscale condominiums on the Storm Lake golf course has been delayed from last fall by concern over subsoil conditions, but should be ready to move quickly early this spring.

"Obviously it has fallen behind schedule from what we had originally planned for, but the developers tell me they are close - they want to be in the ground by the end of March," said Steve Brashears of Storm Lake, who is representing the development locally for Regency Commercial Services of Des Moines, a leading builder of upscale residential developments in Iowa.

Brashears will be promoting the condos at the large Boat and Recreation Show in Omaha next week, alongside representatives of the King's Pointe lodge and water park.

An office is being opened in the Meylor Chiropractic complex across the road from the Project AWAYSIS site, where Brashears will be able to show a complete mock-up of a typical kitchen in the condo developments, and samples of the materials from countertops to floor covering options.

Soil testing issues have been resolved, and floorplans are now complete and have been forwarded to the city for final review.

The first step in the spring will be to excavate the public pond that will be featured at the condo development, and to move existing sewer line. Then, geopiers will be sunk deep into the ground to stabilize soil for construction - a similar process to the one that proved necessary at the King's Pointe site.

A central building will offer 44 units, with plans currently calling for a second building to be constructed initially as well with 33 units. As demand warrants, a third building at the opposite wing of the central building would be added later - that would bring the total development to 110 potential homes and fully utilize the available land Regency is purchasing from the city as part of the redesign to the municipal golf course, now known as Sunrise Pointe.

The plans remains similar to Regency's original concept for the development, with a few tweaks, Brashears said. The company is taking an active role in ensuring the success of the housing project, by scheduling appearances at home and recreation shows, and planning to be an involved corporate citizen in community causes.

While a timeless has yet to be established, the hope is that the project will be complete late in 2007 or early in 2008.

The condo buildings will house eight different unit floorplans to choose from, from 1,100 to 1,800 square feet, with large patios and decks, gas fireplaces in all units, and vaulted ceilings in some designs. The city is going through the permit process to place docks for residents' use on the lake across Sunrise Park Road from the condos.

Due to the delays, no marketing has taken place over the winter. Still, Brashears said, interested people have been seeking out the project.

"I would say that we have signed up an average of two people a month, as they hear about the project or see it on the city's website and come to us. Interest has been good, and now we are going to move forward with the marketing," Brashears said.

For the people expressing interest, several different appeals are becoming obvious.

"We have local people in town who are looking to downsize and leave larger homes for a lifestyle with less maintenance. We have people from the Iowa Great Lakes looking for a safer, calmer recreation lake area to live. We have people from places like Arizona and California who see it primarily as an investment opportunity - they may actually spend only a few weeks a year living in the units," Brashears said.

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