September 14, 2016

Land Sales Will Support Two New Home Developments in Woodlawn

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Land sales approved today by City Council will support a pair of new market-rate home developments in Woodlawn.

A mix of nine single-family homes, 12 townhomes and four condominiums will be built by KMW Communities LLC on eight City-owned lots on the 6100 and 6200 blocks of South Greenwood Avenue and the 6200 block of Woodlawn Avenue. The parcels will be sold for their appraised value of $461,500.

To be built in three phases, the one- to four-bedroom homes will range in price from $201,000 to $595,000. Construction will start later this year.

Nine single-family homes will also be built by Greenline Development LLC. on two City-owned lots in the 6100 block of South Ellis Avenue and two in the 500 block of East 60th Street. The parcels will be sold for the combined appraised value of $393,500.

Each two-story, 3,330-square-foot home will have four bedrooms and two baths and be priced at $475,000. Construction will begin in the spring of 2017.


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