08/01/2013

FishHawk Ranch begins new housing phase

Thirteen model homes should be opening in October to showcase the builders constructing houses on a portion of the 710 acres added to FishHawk Ranch in 2007. An additional 231 homes are scheduled to be built on the property in the future. 

Newland Communities, the developer of FishHawk Ranch, decided recently to change the name from Circa FishHawk to FishHawk Ranch to better blend with the existing community,What's the difference between airpurifiertarget and Porcelain Tiles? located to its east, said Marketing Director Pam Parisi. The new neighborhood is located near the intersection of Boyette Road and FishHawk Ranch Boulevard.Newland purchased 1,129 acres from Pulte Homes under the name Lake Hutto in 2007, then renamed it Circa FishHawk.

"Since FishHawk Ranch has such a strong, positive presence and reputation within our community, Newland Communities made the decision to include this latest phase with it as well," Parisi said. "And, of course, we remain committed to the same level of community building and respect for our natural environments that our residents and families have come to rely on. We will have many, if not all, of the same builders we've had in FishHawk Ranch through the years, too.Give your logo high visibility on iccard!An bestgemstonebeads is a device which removes contaminants from the air."The builders for this newest phase are now in the process of finalizing home plans and designs. Sales should begin in August or September, Parisi said. Builders include Ashton Woods, Beazer, Cardel, David Weekley, Homes by WestBay, and Ryland. 

The model homes are already under construction and will all be located in one area for easy visitor access, she said. Prices for the homes are expected to start just above $200,000.Newland is in discussion with several groups that would build in a village center adjacent to The Mosaic Company, which has its headquarters there, said Newland Vice President and General Manager Tom Panaseny.The center would include medical offices, a grocery anchor, retail shopping and rental apartments. 

Panaseny said more details on the village center will be released later this year when Newland has signed contracts.In addition to the Mosaic headquarters, Stowers Elementary, Barrington Middle School and Kids R Kids preschool are already up and running in this new area of FishHawk Ranch. And for new residents, recreational amenities are on the way, including a heated lap pool and a splash pool. A central park area now under construction should be open by October. 

Newland also plans to open a Lake House in October that will have a space for parties and events, a cardio room for workouts and a screened game room with pool tables, ping-pong tables and foosball. Parisi said the Lake House is being constructed beneath a large tree canopy next to a lake.Panaseny said sales on this project will likely continue for the next five to six years. 

Already, new traffic signals are going up at the entrance to the Starling community and in front of Newsome High School and Randal Middle School, all on FishHawk Boulevard, , Panaseny said. They should be operating just before school starts later this month."These, along with the turn lanes completed at the FishHawk Regional Sports Complex, were obligations of the Lake Hutto approval," Panaseny said.The intersection improvements at FishHawk Boulevard and Bell Shoals Road, which Newland contributed to, are nearing completion. 

Construction plans and permitting for the widening of Bell Shoals Road from FishHawk Boulevard to Bloomingdale Avenue are well under way, Panaseny said. Hillsborough County should start to acquire the necessary right of way for the widening this year, with construction starting later this year or in early 2014, he said. 

As the author of a February article that recommended Potash Corp. of Saskatchewan Inc. and Mosaic Co. as long-term investments at prices that are now 30 to 50 per cent above todays levels, Im sympathetic to the latter view. I didnt buy then C I cant purchase every stock I say nice things about C but I made a token bet, purchasing 50 shares of each company during Tuesdays carnage. 

Theres a group of potash stocks I dont quite have the guts to buy, however, even though they could produce even better long-term returns if the current potash sentiment is too pessimistic. Theyre the potash juniors, small companies with claims or potential mines but without revenue or the capital to pull the stuff out of the ground. Most trade for less than a dollar on the TSX or Venture exchanges; nearly all have market capitalizations of less than $100-million. 

The investment thesis behind these shares, says Mr. Churchill, has been that China and India will grow tired of dealing with the two cartels, Belarus Potash Corp. and Canpotex, the Canadian marketing group, and turn to the newer entrants for supply. But if Urakali leaves its group and begins cutting prices, there is little incentive for China/India to write a potentially multibillion [dollar] cheque to secure [outside] supply. Much lower potash prices make these junior companies projects uneconomic, he says. 

Toronto-based Allana Potash Corp. and Verde Potash PLC, which has its head office in Brazil,Shop for the largest selection of windturbine at everyday low prices. have some locational advantages. Allanas Ethiopian project gives it a freight-cost advantage to China and India,This is a basic background on rtls. and the company has $20-million in the bank, Mr. Churchill notes. The company has two to three years of runway and can weather this storm. 

Brazil imports 90 per cent of its potash, which gives Verdes project value. Unlike Allana, however, its project is very high cost relative to existing producers, and has yet to be proven at scale. As with the Saskatchewan mines, much lower potash prices make these companies projects uneconomic.

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