What we know about the Middle Tennessee project that's pre-selling homes, attracted Hy-Vee
Dirt is moving in Williamson County's June Lake community, and homes are selling faster than they can be built, officials say.
The Spring Hill-based project, spearheaded by Southeast Venture, LLC, isn’t scheduled to be completed for another two decades, but construction has been happening at the multi-million-acre site since 2021.
"While construction has been occurring for a while, it has (mostly) been infrastructure. We only recently started vertical construction," said Southeast Venture Principal Wood Caldwell. But interest in the development is high, officials agree.
When Tudor Homes announced last year that they were starting construction on the development's first 28 residences, emails started flying in, asking when they'd be ready for purchase, according to David Tudor, the company's founder and owner.
Tudor Homes is continuing to make progress on the homes, which range in size from about 3,000 - 3,500 square feet. And while many are eager to purchase, Tudor Homes does not allow homes to be pre-sold, company officials noted. They expect these homes to be listed on the market for $900,000.
Contractor Signature Homes is also building homes for June Lake with pricing starting at $645,000, and according to Caldwell, they have pre-sold 10 homes.
Once the development is completely finished, June Lake will offer buyers a choice of three different neighborhoods. Saddlewalk will feature 400 single-family homes and townhouses, The Preserve will feature 28 single-family homes and Solstice will feature a 227-unit apartment complex.
Besides home construction, work has also begun on a 3-million-gallon water tank that will provide water to June Lake and Spring Hill residents. It is scheduled to be completed by September 2024.
Other plans for the development include 3.9 million square feet of Class A office space, about 1.3 million square feet of retail and restaurant space and 400 hotel rooms. The development has already attracted businesses that are new to Tennessee, including the grocery chain Hy-Vee, which is set to open at June Lake next spring.
Work is also continuing on a new I-65 exit at June Lake, which officials hope will alleviate traffic.
The City of Spring Hill is fully funding the project, but city officials received a $25 million federal BUILD grant from the U.S. Department of Transportation to aid in construction.
Continued delays in the interchange's project schedule have caused the anticipated completion date to be pushed to late spring, TDOT announced earlier this summer.
The original completion date was set for this summer. It was pushed to the winter of this year due to permitting and Right of Way delays, but with additional issues in unforeseen weather and unsuitable soil, it was pushed again, TDOT said.
Aerial photos taken of June Lake in September show progress on infrastructure and sitework for the Solstice and Saddlewalk neighborhoods as well as the interchange.
Crews are also making progress on the development's Aenon Creek Greenway.
The greenway is one of several major amenities planned for June Lake, which has been nicknamed the "new gateway to Spring Hill." Others include nature friendly spaces, an 11-acre lake and pedestrian friendly dining and shopping options.
Want to keep up with latest on what's happening at June Lake? Quarterly updates are posted online at junelaketn.com.
This article originally appeared on Nashville Tennessean: Updates: June Lake, Hy-Vee, homes and the big I-65 exit in Spring Hill
