With homebuilding underway in one development and plans filed for a second, a corner of northeast Bend has come alive again with the sounds of saws and hammers.
Together, the two projects may yield about 275 new homes.
The larger project, Mirada, a nearly 40-acre site at Eagle and Northeast Butler Market roads first approved in 2008, lay dormant during the Great Recession. Only six homes were built there, according to Deschutes County property records.
Work is underway on about half the property, which is divided into building lots; the developer has until March 2015 to divide the remaining half, or the plans will have to be refiled for city approval, said real estate broker Darrin Kelleher of Coldwell Banker Morris Real Estate, in Bend.
Two investment groups that include U.S. Rep. Gary Miller, R-Calif., purchased the property from Edge Vertical Development Corp. in 2009. Kelleher represents the groups, Lands Bend and Long Term Bend Investors, and also created a company, Franklin Brothers, that builds homes for their developments.
“Put it this way,” Kelleher said Tuesday. “We’re building houses; we’re selling houses. We’ve got the opportunity, and we’ve already got approved spots.”
The first phase includes 105 lots on 19.45 acres; phase two, if approved, may start in October and include 127 lots on 19.45 acres, he said. The development plans also call for a community pool and a 4-acre park. The park site already belongs to the Bend Park & Recreation District, Kelleher said.
The homes going up today are priced in the mid-$300,000 range, he said.
Another developer, Washington-based C4 Inc., filed tentative plans with the city May 29 for a 42-lot project called Glen Eagle on 7 acres south of Mirada.
A band of properties with six homes on large lots separates Mirada from the proposed Glen Eagle site.
Proposed originally in 2006, it, too, fell into limbo when the housing market crashed. The city extended its preliminary plan approval in September 2008, but the lots were not platted, and approval expired.
Civil engineer Grant Hardgrave of Hickman, Williams & Associates, of Bend, said he expects builders would break ground in winter or spring, provided the city approval process goes smoothly.
“Our client decided it was time to go ahead, and we’re helping them move forward,” Hardgrave said.
The Glen Eagle plan proposes lots ranging in size from 4,190 square feet to 8,220 square feet.
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