By By Ben Alexander/The Meridian Star
March 29, 2001
SCHAMBERVILLE Officials of Meridian-based Magnolia Realty have announced plans to develop more than 200 acres of land in the Schamberville community for a 130-lot residential subdivision.
Charles Hutcheson, a principal owner in the company, said plans for the Magnolia Lake Estates subdivision could soon be presented to the Lauderdale County Planning Commission.
The subdivision would be located to the west of Mississippi 494, next to Schamberville Lake Estates.
Early plans for the property call for 80 homes to be built during the first phase of work with an additional 50 homes to be built during a second phase. The first phase of work will also include the construction of a 40-acre lake for residents.
Hutcheson said he expects the homes to range in price from $125,000 to $175,000.
Magnolia Realty is awaiting final approval from the U.S. Army Corps of Engineers before construction can begin. Almost 3 acres of the land is within a federal wetland, so governmental approval must be given prior to any change in the landscape.
Preliminary investigations by the Army Corps of Engineers indicate the development of the property will not disturb the natural habitat in the area.
Ben Alexander is a staff writer for The Meridian Star. E-mail him at balexander@themeridianstar.com.