Future SunCrest Development
Let’s take a look at what we can expect going forward regarding future development in SunCrest. With DR Horton completing their development in Stoneleigh Heights and continuing their build out in Tall Woods and Mercer Hollow, let’s look ahead to 2015!
Edelweiss
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Hidden Canyon Estates (DJM Investments LLC)
Located east of the Edelweiss development and Stoneleigh Heights III, it’s believed that this development is seeking about 300-350 homes on approximately 135 acres. This development will likely connect to Edelweiss, as well as a new road from SunCrest Drive.
Michel Land LLC
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Draper City Surplus Parcels
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Deer Ridge III
Originally planned for 30-40 custom homes, it’s unlikely this area will remain undeveloped; much of the infrastructure is already in place. This area does, however, present a challenge to future developers due to only having a single access point in the event of an emergency.
Our Take: With the real estate market stabilizing, fewer distressed properties, attractive interest rates, and high demand for new construction, we expect 2015 to a busy year for new construction in SunCrest. If you love SunCrest and are thinking about building your dream home, now is a great time to prepare to get the pick of the litter in new lots.