Archive for Thursday, October 23, 2003

Beginning on a Lark

Eudora Realty Associates start business in growing Meadowlark neighborhood

October 23, 2003

After Lawrence Realty Associates opened a branch office in Baldwin City last fall, Eudora seemed like the next logical step, said Mary Ann Deck.
"We think a lot of people are interested in the small town," she said.
"You've got a yard -- you're not on top of each other," Craig Dreiling said of the small-town allure of Eudora and the Meadowlark neighborhood.
He and Deck are selling the development's second phase through the newly formed Eudora Realty Associates. Now operating out of the Lawrence office, Deck and Dreiling hope to move into their Meadowlark show home office at 23rd Street and Country Circle next spring.
"We're going to have all the bells and whistles in this house," Deck said of the model home that will also serve as the Eudora Realty office and a design center.
Eudora Realty is counting on the fact homebuyers are looking for the type of environment Eudora provides.
"We just think that it's going to take off and grow with all the traffic on K-10," Deck said.
The demand for housing in Eudora included a niche for Eudora's higher-end housing, too, Deck and Dreiling said. Houses in Meadowlark's phase II, which is currently underway, range in price from about $200,000 to upward of $500,000.
"You have to have that (in Eudora) so people can move up," Deck said.
Developers are anticipating adding amenities like a community pool and gazebo in phase III.
"It's something people are really interested in," Deck said.
The current phase, Eudora Realty's first project, will add 30 rooftops to the Eudora skyline. A few of the houses are being built on spec, and Dreiling said there was a danger in that.
"We can't keep building on all of our lots because they're selling so quickly," he said.
For the most part, Deck said the houses would look like their phase I counterparts, but the interiors would in many cases be different. The phase is anticipated to be finished in December 2004.
"I think this is just flying really fast," Deck said.

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