For the first time in five years, a new subdivision is planned in Greenwood, and construction is expected to start next year.
Indianapolis developer Arbor Homes plans to build 275 single-family houses in Briarstone, located on 77 acres at Emerson Avenue and Worthsville Road, vice president of sales and marketing Steve Hatchel said.
Arbor Homes still needs final approvals and to determine the types and prices of homes they plan to build. The new neighborhood will include one- and two-story, production-built homes that will be constructed in six sections over the next few years. The number of homes built each year will depend on the housing market, but Hatchel said the company could build 40 to 80 houses a year.