19.5 acres off Tiger Bend purchased for $1.6M for new subdivision
Developer Kevin Nguyen has purchased 19.5 acres of vacant land on Tiger Bend Road near the intersection of Antioch Road for $1.6 million, on which he plans to build a new 105-lot subdivision called Rose Gardens.
“They’re going to be typical garden home lots, similar to what they have in Cross Gates,” says Nguyen, referring to the subdivision located next to where his new development is planned.
Design plans for Rose Gardens were approved by the Planning Commission in April, and Nguyen says he hopes to begin construction within the next 60 days. Homes should start being completed in the subdivision sometime next summer.
Homes in the subdivision will measure about 2,000 square feet each and will be priced around $250,000, Nguyen says.
“It’s going to be a really nice development with some common area and a nice entrance,” says Nguyen. “We’re just waiting on approval for some of the construction plans now, and hopefully we can get the whole thing rolling maybe next month or December.”