Real Estate

Development Site Off Highway 150 Sells For $12 Million

A home builder has purchased property off Highway 150 near Ross Bridge for a development that would include more than 2,500 homes.

JEFFERSON COUNTY, AL — A home builder has purchased a site near Hoover's Ross Bridge community for a development that would include more than 2,500 homes and 600,000 square feet of retail property.

The Jefferson County Commission approved the plan by Signature Homes, which has been involved in several of the largest residential developments in the metro area. SIgnature Homes closed on the property for $12 million.

Although not inside the city limits of Hoover, Jefferson County Commissioner Jimmie Stephens said Hoover could end up annexing the property, "as long as roads, traffic and school impact can handle the influx of students and people is under control."

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The project site includes 832.6 acres, starting at the corner of Alabama 150 and the railroad tracks, fanning out to the Ross Bridge development.

The project would include three separate developments:

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  1. Two medium-density residential areas on 292 acres in the interior of the property would feature up to 1,150 units that may include single-family homes, town homes, row houses, lofts, duplexes, triplexes, quad plexes, cluster homes and garden homes.
  2. A village center on 155 acres in the interior of the property would feature up to 750 residential units that would include single-family homes, duplexes, triplexes, quadplexes, town homes and row houses as well as multifamily units. A maximum 100,000 square feet of commercial retail and office space would also be part of this component.
  3. A town center on 144 acres near Highway 150 would feature up to 900 residential units as well as a maximum 500,000 square feet of commercial retail and office space.

The project has not been given a timeline for completion.

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