Ivanhoe Cos. today announced it has started the development of the $100 million Balmoral Park neighborhood in West Bloomfield Township. The development will include as many as 249 sites and is adjacent to Walnut Lake and Haggerty roads. Homes are expected to be available by late 2019.
Development of the 93-acre space will begin with entries, parks, and other amenities.
Balmoral Park will incorporate natural elements into the layout of its three neighborhoods, including green space, parks with picnic areas, walking and biking trails, natural wetlands, and mature trees. It also will include wood trellises, benches, bike racks, and walking bridges over open water. Nearly every home will back up to open space.
The community will be close to shopping, dining, and commercial space and be connected to the Michigan Air Line walking path and trail network.
“We are proud to have developed a true environmentally sensitive life style community,” says Gary Shapiro, CEO of Ivanhoe Cos. in West Bloomfield Township. “The design and execution was three years in the making with comprehensive market studies; neighborhood design; product design; wetland mitigation and creation; and extraordinary landscaping features, including design of over 20 open space parks and three amenity pocket parks.”
The sites will be 45 feet by 55 feet, and construction will be completed by Pennsylvania-based Toll Brothers. Ivanhoe Cos. has developed $200 million in communities in the region including Beacon Hill, Novi; Brookfield Village, West Bloomfield Township; Barrington Park, Rochester Hills; and Berkshire Pointe, Novi.
The company specializes in the entire development process, including all aspects of infill land acquisitions, zoning enhancements, wetland mitigation, street design, target market studies, architectural elevations, target market product design, landscaping, signage, parks, development, and building.
“This project has been three years in the making, and we have worked closely with Michigan’s finest developer, the Ivanhoe Cos.,” says Steven Kaplan, supervisor of West Bloomfield Township. “Ivanhoe is a true community developer with attention to every detail from start to finish. We view Balmoral Park as a home run with bases loaded.”