Article by: Laura Newpoff, Columbus Business First

Two of the more active builders at the massive Jerome Village development in Plain City are coming back for more.

Rockford Homes and Schottenstein Homes have signed on to build in two new communities: Orchid Hill and Willowbrush.

Nationwide Realty Ltd. is launching Orchid Hill first with infrastructure work still being done on the other community. Orchid’s prices start in the high $300,000s. (You can find the builders’ websites here and here.)

Orchid has 147 lots; 46 of them have been released and the builders have an equal share. Willowbrush will be developed in phases. The first will have 74 lots.

When completed, Jerome Village will have 2,200 single-family homes in 13 neighborhoods and 1.5 million square feet of commercial office and retail space abutting U.S. Route 42.

Rae Lemley, Rockford’s director of marketing, said the development offers pricing for all families and access to Dublin schools.

The master plan includes on-site elementary and middle schools, which haven’t been built yet. Forty percent of the development’s 1,500 acres is reserved for green space, she said. There’s also a park system that will connect to Glacier Ridge Metro Park.

Development plans include a commerce center that would house businesses, retailers and restaurants.

“Jerome Village will truly offer everything today’s families want and need, coupled with a feeling of community and respect for the land,” Lemley said.

David Parsley, vice president of sales and marketing at Schottenstein Homes, said Willowbrush will be a little more affordable than Orchid with homes starting in the $340,000s.

He said they’ll have 101 lots there and already have five pre-sales, “Which is really strong because you can’t even drive there without a four-wheeler.”

“(Willowbrush) is the most affordable housing you can buy in the community,” Parsley said. “What’s been surprising is the most significant interest we have in both communities has been the ranch floor plan. It used to be that just 10 percent of our sales were ranches, so there’s something in the air out there.”

Rockford Homes

Both Rockford Homes and Schottenstein Homes have built in several other neighborhoods at the development. Schottenstein was the original builder in the first section – Cranberry – that had 90 lots in 2011.

“We’ve always been busy since day one,” Parsley said.

Here are some updates from Nationwide Realty about the development:

  • 900 lots constructed to date
  • 500+ homes occupied to date
  • 110 homes under construction
  • There are 13 active builders at the community
  • You can find Jerome Village’s website here

Click here to view the original article.

Laura Newpoff covers residential real estate, travel and tourism, manufacturing and the business of sports for Columbus Business First.

 

OSU Football

August 31, 8:00 pm

Pasquale’s
Ohio State takes on Indiana, Call ahead to reserve a table! 614.733.0006

 

Last Pool Day!

September 4, 11:00 am – 8:00 pm

JVCC

OSU/Army!

September 16, 4:30 pm

Tailgating on the East Lawn starts at 4!

Article by: Zenios Michael Zenios

3 Pillar Homes

New homes won’t be any more affordable in a year or two.

Potential homebuyers who are waiting for costs to come down before building might want to reconsider. The fact is that the past year’s rise in new home prices will most likely continue. While higher interest rates and a weak dollar could play a role, the biggest factors will likely be the most basic ones of supply and demand.

Simply put, the homebuilding industry predicts buyers will demand as many as 1.5 million new homes next year — this pent-up demand has saddled some builders with lengthy backlogs. At the same time there has been a serious shortage of labor and materials.

When it comes to labor, the pendulum has swung. Two years ago, contractors were short on work and willing to accept wage cuts. Now builders are hunting for skilled labor. The downturn saw legions of carpenters and other skilled workers leave the construction industry. The ones who remain are commanding higher wages. The same is true for quality subcontractors such as electricians, plumbers, and drywallers, who often have more work than they can handle, and have raised their prices accordingly.

On the materials side, lumber shortages drove prices in early 2013 to double that of a year earlier. And lumber is a bellwether: the costs of other building materials, from cabinets to carpet to light fixtures, tend to follow its lead.

There are several reasons for the lumber crunch. A number of mills closed during the housing crash when demand was weak. Some of these mills have re-started, helping to lower prices a bit from the recent peak, but tight credit has slowed the process, according to the National Association of Home Builders. It will take time for the industry to ramp up to the needed capacity.

Even if all available mills were operational, there isn’t as much harvestable lumber as there was a few years ago. For instance, mountain pine beetles have devastated millions of acres of timberland in the northwestern U.S. and Canada, while Canadian provinces have ordered permanent harvest reductions from healthy forests.

These forest losses have come on the heels of increasing demand for lumber from China, India, and other countries. In fact, many experts believe that lumber availability and pricing over the next few years will be driven as much by global as by domestic factors, and that it could take five years for supply and demand to balance.

What does all this mean for homebuyers? With prices predictably on the rise, value engineering is becoming ever more important. Value-engineering is a service provided by builders who look for ways to economize without sacrificing amenities or quality. There are lots of ways to do this. One example is to reduce exterior wall space by simplifying the facade. Exterior walls cost a lot more to build than interior walls — a simpler facade will have fewer corners, nooks, and crannies, requiring less labor and materials to build. The ability to value-engineer is one of the many benefits of working with a professional builder.

The bottom line is that while getting into a new home may be more expensive than it was two years ago, waiting for prices to come down is a roll of the dice — with odds of winning that are probably less than those at a Vegas casino. Anyone considering building in the near future would be well advised to do it sooner rather than later.

If you enjoyed this article, why not send a copy of this newsletter to a friend?

 

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Back to School

August 12, 11:00 am-8:00 pm

JVCC Community Pool

Grilled Hotdogs, Hamburgers and Snow Cone Specials

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Dive in Movies

August 19, 8:30 pm

JVCC Community Pool

Bring your blankets and comfortably watch Guardians of the Galaxy under the stars.

End of the Season Pool Carnival

August 26, 1:00 pm-4:00 pm

JVCC Community Pool

Corn Dogs, Cotton Candy and Treats (while supplies last), Carnival Games, Adult Beverage Specials

 

 

 

 

It has come to our attention that there has been an influx of motorized vehicles passing through Jerome Village Trail System.

Here are some of the vehicles that are prohibited from the paths:

  • Golf Carts
  • Dune Buggies
  • Motorcycles
  • Electric Scooters/Skateboards

This rule is in place to protect walkers, joggers, cyclists, children and dogs. We have posted a NO MOTORIZED VEHICLE sign on the trailheads and need your help in ensuring we keep the community safe and remain considerate of the individuals utilizing the trail system for its intended use.

Any golf carts owned by residents must be street legal and registered.

If you have any further questions, please contact johnWillis@towneproperties.com 

 

Now through Friday, July 21 real estate agents have the opportunity to register for an exciting incentive program at Jerome Village!

Earn up to $6,000 in incentive dollars when you sell a lot in Plum Ridge Place or Eversole Run neighborhoods thru 2017.

  • Sell and close one lot in either neighborhood and receive $1,500.
  • Sell and close a second lot in either neighborhood and receive $2,000.
  • Sell and close a third lot in either neighborhood and receive $2,500.

View qualifying details, instructions and restrictions  HERE

How to sign up: email info@jeromevillage.com to sign up including your name, email address, office/broker or, visit your favorite builder model home and let them know you are interested in joining this great opportunity!

 

Eversole Run is situated north of Wells Rd. off Highland Croy featuring premium home sites surrounded by natural beauty of mature trees, ravines and creeks and lot sizes ranging from 90×150-115×190. Pricing begins in the $750’s to over $2 million and features the following builders – Bob Web Homes, Coppertree Homes, Memmer Homes and Romanelli & Hughes.

 

Plum Ridge Place, nestled within Eversole Run, is a privately gated neighborhood with an estate like feel featuring exceptional lots open to all custom approved builders.  These home sites range in size from a half-acre to approximately 1-acre (120×180- 190×200) with pricing from $1.5million – $2million. Contact Bart Barok with Nationwide Realty Investors for more information at 614-857-2337 or barokb@nationwide.com.

 

Bring your clients to Jerome Village to view available lots, a one of a kind community center that includes Pasquale’s Pizza and Pub, a swimming pool and fitness center.  Noteworthy mentions include a master planned community committed to 40% of its land to green space, a bike trail system through the development providing access to Glacier Ridge Metro Park, close proximity (4.5 miles) to the Columbus Zoo and of course, Dublin City Schools!

 

 

 

JOIN US FOR A COMMUNITY WIDE OPEN HOUSE!

Date: Sunday, July 16

Time: NOON- 5pm

Click HERE for Model Homes Map

Explore the beautifully decorated model homes at Jerome Village and enter to win a Columbus Zoo membership at each model home you visit! The Columbus Zoo is a wonderful amenity for Jerome Village residents and is located just 4.5 miles away!

Click HERE to download a model homes map, and make sure to plan your day accordingly. Pasquale’s Pizza and Pub will also be open for lunch and dinner so make sure to stop in for their famous Founders Favorite.

Independence Day Party at the Pool!

Sunday, July 2nd

3pm-6pm

Join us for grilled hotdogs and hamburger specials, DJ Jeff Dixon and photo booth on site!

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Join us July 13th and every 3rd Thursday in the clubhouse for story time with the Union County Library.

Lunch specials start at 11am.

 

 

 

Saturday, July 15th is Grandparents Day!

Bring your grandparents to the pool for FREE

**All grandparents must be accompanied by a resident.

 

Adult Swim 

June 10, 9:00 pm-11:00 pm

JVCC Community Pool

21 and over ONLY

$5 for residents and $5  per guest

Story Time with the Union County Library

June 15, 10:30am-11am

JVCC Clubhouse

Join us every third Thursday this summer for story time at Pasquale’s.

Lunch Specials start at 11 am.

 

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Dive in Movies

June 24, 8:30 pm- 10:00 pm

Poolhouse

Join us for a movie at the Pool!