Wednesday, September 22, 2021

The hopeful birth........................

 .....................................of a sub-division.

Faithful readers may remember that we are sometimes in the real estate development business.  The significant economic melt-down of 2008-09 put a damper on some of our plans, and we left that part of our business on the shelf.   But, cycles cycle.  With our residential market turning red hot last year, in large part because of a supply/demand imbalance, it seemed like the right time to develop again.  It's hard to believe, but the last new residential sub-division in Newark happened in 2006.   Fifteen years is a long time between projects.

It would be nice if we could wave our magic wand and make finished building lots just appear.  The reality is it takes a bit of time.  The plan here is to share the process with you, one day at a time.

Everything starts with an idea.   This idea was, "I bet it would be fun to develop this piece of ground."











To be continued...............................


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