Plans filed for largest Springfield subdivision since before the Great Recession | Local

SPRINGFIELD — A Central Oregon homebuilder wants to develop the largest new subdivision in Springfield since the years before the 2008 real estate crash.

Hayden Homes filed plans this month for a 116-house subdivision dubbed “Louie Heights” on a large swath of vacant land near Jasper Road in the city’s southeast corner, planning documents filed this month by the firm show.

Owned by prominent local developer and real estate manager Jack Louie, the 52-acre parcel between Jasper Road and the former Weyerhaeuser/­­Booth-Kelly logging truck road appears to be one of the largest undeveloped residential-zoned properties within Springfield’s urban growth boundary.

Louie declined to comment on the plan, calling it preliminary. A Hayden Homes official listed as the project applicant didn’t return a message seeking comment.

Redmond-based Hayden Homes has built hundreds of houses and developed more than a half-dozen large subdivisions across Eugene and Springfield in the past two decades, including the Jasper Meadows subdivision a mile southeast of the Louie property. Houses in most of the firm’s local projects start in the mid-$200,000 range and reach into the upper $300,000s.

The Louie Heights project would be the largest single development in Springfield since at least 2008, according to Springfield City Planner Andy Limbird, if it’s approved.

The three-page document filed by Hayden Homes requests a meeting with city planners to discuss issues relating to the construction of new streets through the property. Developers often request pre-development meetings before committing to a project.

Hayden Homes and other developers mapped out several mega-subdivisions in east Springfield in the years leading up to the Great Recession. Hayden was approved in the early 2000s for the nearly 400-lot Jasper Meadows project. And work started in 2004 on the MountainGate development planned by timber traders Norman and Melvin McDougal, with up to 700 planned houses, apartments and condos on 330 acres in the Thurston area,

Both projects stalled as the housing market’s momentum fizzled in the late 2000s, leaving hundreds of undeveloped lots sold or left vacant in the recession’s aftermath. But construction has resumed at each in the last few years as housing prices have soared back to all-time highs and inventory has reached all-time lows in Lane County.

Hayden plans to build on the northern 23 acres of the 52-acre Louie property, closer to the Weyerhaeuser/Booth-Kelly road, according to the application and an accompanying map. The average lot would be about 6,000 square feet.

The land is designated in Springfield’s long-range development plan for low-density residential use.

Follow Elon on Twitter @EGlucklich. Email elon.glucklich@registerguard.com.

More Springfield articles »

Comments

Popular posts from this blog

Albany Police respond to shooting at Sunchase Apartments

UPDATE: Woodcrest apartment fire claims second life - News - Dover Post

Denver Home Sales Becoming Buyer's Market