Lebanon Reporter

Local News

August 21, 2012

Drainage board OKs plans for 63 new homes

Lebanon — More than 60 new homes are being proposed in separate rural subdivisions.

Pulte Homes won Boone County Drainage Board approval of the preliminary and secondary plat for 36 lots in its Clark Meadows at Anson project in Whitestown Monday.

Another 27 lots were approved for the Brookhaven subdivision, a development by Drees Homes, on 146th Street east of U.S. 421.

Those approvals are part of what an Indiana University expert said was a minuscule, but positive, improvement in the state’s economic outlook.

The Leading Index, a measure of economic growth based on a wide range of indicators from home permits to car sales, was 99.6 in August, up two tenths of a point from July, said Timothy Slaper, director of economic analysis at the Indiana Business Research Center at IU’s Kelley School of Business.

“This reluctant step up was driven almost exclusively by the positive news from the housing market, namely, that home builder sentiment continues to improve,” Slaper said.

Brandon Burke of HWC Engineering said Clark Meadows is intended to be a 255-home subdivision, on the west side of County Road 650 East, north of New Hope Boulevard. There will be frontage on CR 650 E and two streets linking it with an existing residential area to the south.

About 32 acres have been set aside for a future school, Burke said; the area is in the Zionsville Community School Corp.

Another 1.5 acre outlet is being reserved for the town of Whitestown, as the site of a water tower.

For more of the story, see Tuesday’s The Lebanon Reporter or subscribe to the eEdition.

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