News and Opinion from Sisters, Oregon
News and Opinion from Sisters, Oregon
People could start moving in to condominium units on Pine Meadow Ranch next spring, according to developer Doug Sokol.
All 15 of the lots in the high density zone of the development's first phase have sales pending.
Out of a total of 50 residential lots, 18 do not yet have sales pending, Sokol said.
PMR Development Company expects to have final signatures on the phase one plat early in August, which will allow sales to go forward, according to Sokol.
In response to local rumors, Sokol confirmed that the owner of Starbucks Coffee and Nike founder Phil Knight, are "among those interested"in the condominium properties.
Two of the development's commercial lots are sold. One of those is designated for a restaurant; the use of the other is yet undetermined, Sokol said.
"No one's in a hurry to go out there and build right now,"Sokol said. "They're waiting for the residential to get going.
Residential construction is expected to "get going"within a couple of months.
"There are some people who are ready to start building,"Sokol said. "There will be buildings going up this fall.
Sokol noted that the development's covenants, codes and restrictions allow property owners a two-year window in which to build.
While buyers have expressed interest in other lots slated for later development, Sokol said, there has been no action on later phases.
Another 80 residential lots are planned for the second phase of the development.
"We're not taking reservations on that; we're concentrating on phase one right now,"Sokol said.
Streets should be paved and curbs should be in by the end of August.
"Then we're starting on the water features, ponds and streams,"Sokol said.
PMR Development Company will also build a pool and clubhouse on the property.
Sokol noted that work crews this summer have laid 10 miles of piping for sewer, water and cables on the approximately 20 acres of the development.
Jim Cornelius is editor in chief of The Nugget and author of “Warriors of the Wildlands: True Tales of the Frontier Partisans.” A history buff, he explores frontier history across three centuries and several continents on his podcast, The Frontier Partisans. For more information visit www.frontierpartisans.com.
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