Well, 2009 is shaping up to be an interesting year in Plymouth. Hopefully, the economic troubles of the Federal and State governments won't put too much of a strain on the town. We'll have to wait and see on that. In the meantime, the next few months will be critical to the Plymouth Rock Studios project. At the January 12th Planning Board meeting, studio proponents updated the Board on the progress they've made with their traffic and access road plans, they received public support from the Director of Public Works, Superintendent of Schools and the Principals of Plymouth South High and Plymouth South Middle Schools, and they outlined the next 90 days as a time of securing financing for the project as well as obtaining necessary permits from the State and the Town. If all of this stays on track, they could actually start construction sometime this Spring. Can't Wait!! They'll be back in front of the Planning Board on February 2nd, so stay tuned.
In the meantime, other major projects in town are moving forward. The A.D. Makepeace development, known as River Run, should start to see some infrastructure development this Spring and hopefully the first phase at Cordage Park will as well. Plus, there are other outstanding new construction choices like beautiful homes at Watercourse Place and oceanfront condos at Lighthouse Point and Robbins Wharf. At Pinehills, a new builder has acquired some land in the Hickorywood neighborhood and will be building cottage style homes. These should be popular, both in style and price point. Also, a new neighborhood will begin to take shape up on the hill adjacent to the Summerhouse. Plus the Avalon apartment neighborhood will grow to almost double the current size. Don't forget to shop at The Market. Everyone loves this store with its fresh meat, vegetables and popular bakery items. By the way, thanks to The Pinehills for hosting the third annual Broker Appreciation Dinner last week. It's nice to be acknowledged and appreciated for introducing Buyers to The Pinehills.
While the local real estate market is still a bit soft, there are some fantastic values out there. Everything from low priced foreclosure homes to new construction values to homes owned by motivated Sellers that are priced right. Add to that the fact that interest rates are at or near historic lows. Why wait? Now really is the best time to buy. As always, I welcome your comments and questions.
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