K. Hovnanian Homes hopes to expand its Four Seasons active-adult brand to Illinois with plans to build a 600-ranch home community in New Lenox. Hovnanian is under contract to buy 220 acres of the 223-acre Teerling Nursery property located on Cedar Road, north of Route 6. It would be northeast of the Silver Cross Hospital campus, across from Interstate 355.
The proposed community – Four Seasons at New Lenox – would be maintenance-free and include amenities such as a clubhouse, classes, a pool and walking trails, said Mark Mastrorocco, director of land acquisition for Hovnanian. “This is a master-planned, resort-style community where the emphasis is on lifestyle,” Mastrorocco said. Hovnanian has completed 30 Four Seasons communities nationwide and is currently building 15 more, he said. This will be the first one in Illinois. The developer presented a concept plan to the village board committee Monday. The property is unincorporated and would need to be annexed to the village. Once Hovnanian gets annexation and other necessary approvals from the village, it will close on the property with Teerling and plans to start building next summer, Mastrorocco said. New Lenox Mayor Tim Baldermann said the development is what the village has been waiting for in that part of town, “which is prime real estate in Will County,” and it will lead to other needed amenities in the area. The development will be appealing to older residents who live in town but want to downsize and remain close to their children and grandchildren, as well as others who want to move closer to family already in the area, Baldermann said. “Adding 600 rooftops … will make that area more appealing to retailers and restaurant owners,” Baldermann said. “I don’t believe that this type of growth will be far behind.” Teerling Nursery, which was planted in 1980, is expected to close by the end of 2020, owner John Teerling said. The nursery’s eight employees will get a share of the sale as part of their retirement package, and Teerling will retire and remain in his home on the remaining 3 acres of the property, he said. Reported by The Herald News (Oct. 14, 2018) For complete information on K. Hovnanian, including all corporate, region and division offices and top personnel, refer to The National Builders Directory and Online Database. https://probizpublications.com/products.html?djoPage=subscribe
1 Comment
Tim Stanton
8/18/2020 12:15:16 pm
Are there still plans to build in New Lenox Illinois \.
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