New Housing Development Coming to Hoover, Alabama

News Summary

Birmingham-based Signature Homes plans to start construction on approximately 200 new homes in Hoover as part of the Riverwalk Village development. The project will include diverse housing options, retail and dining spaces, and a community-focused health center. Construction is set to begin in early 2025, promising to reshape the community landscape and provide various amenities for residents.

Birmingham’s Exciting New Development in Hoover!

Hold on to your hard hats, Hoover! Birmingham-based Signature Homes is gearing up to kick-start construction on an amazing new real estate project, bringing approximately 200 new homes to our vibrant community. This exciting venture is part of the expansive Riverwalk Village multi-use development, making waves in the heart of Hoover, Alabama.

What’s in Store at Riverwalk Village?

Situated on a stunning 90-acre tract off Riverchase Parkway, this development is set to redefine the housing landscape in the area. Signature Homes has already snatched up 24 acres from CR Endeavors to bring us this exciting residential component. Expect a diverse range of housing options, including both single-family and multi-family homes, to cater to a variety of lifestyles.

Construction Timeline and Plans

Now, you might be wondering, when will all this action kick off? Construction is anticipated to begin in early 2025, with site work for the first phase starting in March 2025. The first phase is particularly exciting, featuring 66 apartments and 30 townhomes, which have already received the stamp of approval from the Hoover Planning and Zoning Commission. The first bricks are expected to be laid in 2026, setting the stage for a bustling new neighborhood.

What About Prices and Sizes?

Price tags for these homes will vary. The townhomes are projected to be sized between 1,500 to 2,000 square feet, with prices ranging from the mid-$300,000s to mid-$400,000s. For those looking for a bit more space, larger units of up to 2,400 square feet will be available as well, making these homes an excellent choice for families and individuals alike.

A Community-Focused Development

But Riverwalk Village is not just about new homes; it’s about building a community! The entire project focuses on enhancing health and wellness, spearheading plans for a new Riverwalk Health & Wellness Center. This center will feature an ambulatory surgery center and a diagnostic clinic, placing health at the forefront of community living.

Additionally, existing facilities are receiving a makeover, with approximately 176,000 square feet of corporate office space being transformed into an outpatient medical facility. In total, the site is buzzing with 450,000 square feet of current corporate office space, further setting the stage for a multi-functional environment.

Retail and Restaurant Buzz

As if that weren’t enough, the Riverwalk Village blueprint also includes plans for a hotel and over 25,000 square feet dedicated to retail and restaurant space. The buzz around this project has caught the attention of numerous retailers and restaurant owners eager to become a part of the Riverwalk Village concept. One can only imagine the dining options and shopping experiences that will soon be available!

Future Developments and Senior Living

There’s more good news on the horizon! CR Endeavors, the owner of the remaining 67 acres of Riverwalk Village, is looking to build up to 375 senior apartments catering to residents aged 55 and older. This initiative will add to the community’s fabric, ensuring an inclusive environment for everyone.

Excitement Brewing!

With this large-scale development in the works, it’s safe to say that Hoover is on the brink of an exciting transformation. The Riverwalk Village doesn’t just promise new homes; it aims to foster connections among residents while promoting a healthy lifestyle. So get ready, Hoover, because big changes are coming your way!