Hidden Grove off Coursey to be built by DSLD

The Baton Rouge Business Report had an article updating us on the status of Hidden Grove, a highly anticipated 52-lot subdivision in the heart of the Parkview area off Coursey Blvd.  You can read about it here:

DSLD buys 52 lots off Coursey for $2.5 million.

Proposed restrictions for the subdivision drawn in 2010 have been floating on the web for some time, and I had them linked to my website due to the amount of requests I received from potential buyers.  Those restrictions had some really specific design and development codes that I thought were going to be a very nice compliment to the area.

At roughly $215,000 per acre and .13 acre lots, that puts each lot at roughly $25k-$25k each (some irregular shaped lots are larger). It remains to be seen whether individual lots will be allowed to be purchased and held or if homes must be built in a certain time frame.  I hope that DSLD will take consideration of the original plans for the subdivision because I believe they can make a hit and reach a different clientele.

What are your thoughts on this new development?

– David Madaffari, Realtor
225-772-3283
David@DavidMadaffari.com

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