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VOL. 110 | NO. 131 | Friday, July 5, 1996

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lj 10/5 cates Construction to begin on 177-acre Windward Hills in Lakeland By LAURIE JOHNSON The Daily News Bulldozers are scheduled to begin rolling within the next three weeks on Windward Hills, GGM Development LLCs first residential subdivision in Lakeland. GGM partners Karen Garner, William B. McSwain and William N. Griffin borrowed $2.5 million from C.I.O.S. for development of the first section of the subdivision, according to a trust deed filed June 27 in the Shelby County Registers Office. The 58-acre tract for the first phase was purchased from Paradise Lake Inc., for $564,977, according to a warranty deed also filed June 27. Located on Seed Tick Road directly across from East Shores subdivision, Windward Hills eventually will cover 177 acres and will be developed in four sections over the next four to five years, Garner said. A total of 318 homes are planned for the development. Site work is set to begin Aug. 1, and construction on homes is expected to start in the spring. The 98 lots in the first section are expected to be built out about a year to a year-and-a-half after construction begins. Although Garners company, Magnolia Homes, will be the primary builder in the development, a number of lots may be offered to several builders in the future, she said. Homes in the development will range in size from 2,500 square feet to 3,200 square feet. The price of the homes will start at about $230,000. The exteriors of the homes will feature traditional architectural styling, and most will have front porches, Garner said. The interiors of the homes will be open and spacious, she said, with gathering rooms off the kitchen in addition to a great room. "This is really becoming a popular design, so Im going to try to incorporate that into a lot of my plans," she said. The home sites will be large - 100 feet by 175 feet, which makes them a choice for families, she said. The extension of Houston Levee Road into the area, which eventually turns into Canada Road, has opened up the area for development, Garner said. "Windward Hills location is also very close to the Belz Factory Outlet Mall, and the new Wolfchase Galleria Mall will be about a five-minute drive away," Garner said. With 20 years experience in home building, Garner is no newcomer to the business. After starting out with Riverbirch Builders, she formed Magnolia Homes 10 years ago. She currently is building homes in several Cordova subdivisions, including Chapel Creek and Morning Woods. She has built more than 150 homes in Magnolias of Riverwood. Her homes generally are priced in the $150,000 to $750,000 price range, and range in size from 1,900 square feet to 6,500 square feet. Windward Hills is a special project for Garner, since it marks the first time she has been directly involved with development, she said. Generally, Garners homes have been spaced out in subdivisions, although she did build homes on 54 contiguous lots in Riverwood, an experience that prompted her to seek out her own development project. "Thats one of the reasons why I went in on this development," Garner said. "Its wonderful, because you get to plan the whole design of the subdivision which house you want where, the landscaping and the elevations of the homes. You make it look the way you want it."
PROPERTY SALES 70 275 21,235
MORTGAGES 72 278 24,410
BUILDING PERMITS 178 499 43,933
BANKRUPTCIES 53 145 13,613