Two new subdivisions are currently in the works for suburban Hermitage, which sits about a half hour east of Nashville, and with rezoning applications already approved, ground work and construction could be starting sooner rather than later.
According to a new report from The Tennessean, Craighead Development and Ole South Properties will be wrapping up the acquisition of a 285-acre site at 4020 Hickory Hill Lane, which will be used to develop a new 500-unit single-family home community that will target active adults ages 55 and over.
Atlanta-based Beazer Homes is also planning a new 289-home community called Magnolia Farms in Hermitage that will feature both single-family homes and villa-style homes, and that new development will be located on a 97-acre site along Hoggett Ford Road.
As noted in the report, the 500-home community will be developed in five separate phases and will also include a variety of fabulous lifestyle amenities, including a sprawling lifestyle complex that’s complete with a swimming pool, club house, fitness center, and a card room. Each home here will feature just one level of living space and anywhere between 1,600 and 2,600 square feet, while prices are expected to fall somewhere in the $350,000 to $450,000 price range.