Print
Real Estate - Residential

Mungo Opens New Model Home In Holly Ridge

By J. Elias O'Neal, posted Apr 9, 2014
Signs of the region’s residential appeal to new builders continue to grow.
 
Officials with Irmo, S.C.-based Mungo Homes announced Wednesday the company has completed and opened its newest model home in The Groves section of the Neighborhoods at Holly Ridge, according to a news release.
 
Brad Tilyou, a project manager with Mungo Homes, will oversee construction in the development.
 
This is the firm’s first development in the greater Wilmington area.
 
Officials plan to construct 26 new homes in the development, located along N.C. Highway 50.  
 
Starting in the $180,000s, new homes at The Groves range from 1,600 to 2,800 square feet and feature a number of open plans, master suites, stainless appliances, granite kitchen countertops, comfort-height master vanities, two-car garages and a music port to “plug and play” music from any mobile device, the news release said.   
 
Mungo’s development will soon have lots of company, as the push north of New Hanover County continues to heat up – especially along the U.S. Highway 17 corridor between Wilmington and Jacksonville.
 
Wilmington-based developer Mike Pollak and longtime Hampstead-based developer David Greer announced in March plans to construct Wyndwater – a 300-400 lot subdivision on the now-defunct Topsail Greens Golf Club site.
 
Officials with Wilmington-based Trask Land Co. plan to deliver homesites in Poplar Branch – a 60-lot, single-family housing development located on a 30-acre tract along N.C. Highway 50 – to three builders: Fayetteville-based Caviness and Cates Construction, Raleigh-based American Homesmith and Jacksonville-based A. Sydes Construction, by the second quarter of this year.
 
The Trask Land Co. also plans to develop 1,300 acres along U.S. 17 into Blake Farm, a master planned community that will house 2,200 residential units over the next 10 years.
 
Plans call for the first phase of the project to incorporate 300 apartment units and 200 single-family homes. Trask added the development would also feature a number of nature hike-and-bike trails, multiple green spaces and a community farm. Trask officials are also working with the Onslow County division of Pluris LLC to construct a wastewater treatment facility in Blake Farm to accommodate denser development and future growth.
 
Pending county approval, Trask officials hope to launch construction on the development’s infrastructure during the fourth quarter of this year and start to deliver lots in the third quarter of 2015.
Ico insights

INSIGHTS

SPONSORS' CONTENT
Untitleddesign4

Paving the Way to Better City Streets

Tony Caudle - City of Wilmington
Web awstaffpic2020 1 132245438

The 2024 Luncheon for Literacy featuring Special Guest Jason Mott

Alesha Edison Westbrook - Cape Fear Literacy Council
Untitleddesign2

The Importance of Real Estate Appraisals

Steve Mitchell - Cape Fear REALTORS®

Trending News

City Club, Event Center On The Market For $7.5 Million

Emma Dill - Apr 16, 2024

Wilmington Tech Company Tapped For Federal Forestry Contract

Audrey Elsberry - Apr 15, 2024

Commercial Real Estate Firm Promotes Adams, Mitchell To Vice President Roles

Staff Reports - Apr 16, 2024

New Hanover Industrial Park To Get $3.3M In Incentives For Expansion, New Jobs

Emma Dill - Apr 15, 2024

Gravette Named Executive Director Of Nir Family YMCA

Staff Reports - Apr 16, 2024

In The Current Issue

With Coffee And Cocktails, Owners Mix It Up

Baristas are incorporating craft cocktail techniques into show-stopping coffee drinks, and bartenders are mixing espresso and coffee liqueur...


Bootstrapping A Remote Option

Michelle Penczak, who lives in Pender County, built her own solution with Squared Away, her company that now employs over 400 virtual assist...


Info Junkie: Lydia Thomas

Lydia Thomas, program manager for the Center for Innovation and Entrepreneurship at UNCW, shares her top info and tech picks....

Book On Business

The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2024 Power Breakfast: The Next Season