Miller-Valentine Looks at Three MXD-Use Sites

The single-family homes would range in price from $275,000 and $325,000, and the condos would start at $200,000, meaning the cost to develop the project would cost at least $47 million, with a planned opening date in early 2009. Eric Joo, VP of Lifestyle Communities, tells GlobeSt.com that numbers haven't been crunched yet for construction costs, and the talk with the planning commission was all very preliminary.

"We attended a workshop just to throw out some ideas for what they're really looking for," Joo says, though he confirmed that the above plans are a starting point. But this is just one of a few sites that the company is looking to bring mixed-use to in the area. "We're investigating to see if this site has potential, but we have two other sites that we're looking at," he tells GlobeSt.com, though he wouldn't name the locations. "We believe that with the right product mix, these mixed-use developments have the opportunity to create walkable communities, where instead of a walking path that goes nowhere, you end up at an ice cream shop with the family. We're out looking for locations that we feel that kind of development would be well-received and successful." The company already has almost completed two single-family developments in the area, the 92-home SugarRidge in Sugarcreek Township and the 60-home StoneLake at River's Bend in South Lebanon.

It's not clear how well received the Centerville plan would be, as this parcel is reportedly one of the few large tracts of developable land left in this city of 23,000 people. However, the property doesn't have the zoning to support the above components. Joo says the company will submit a rezoning application later this month.