$1.6 Million Townhome Development announced for Kokomo's Near East Side
Howard County Developer Kaleb Hollingsworth has announced that his firm will build eight detached townhomes in Kokomo’s Near East Side neighborhood. The $1.6 million private development, known as “The Grove on Mulberry,” will be constructed on the Southeast corner of Mulberry Street and Apperson Way.
“The Grove on Mulberry repurposes an underutilized site and continues the trend of infill development in Kokomo,” said Kokomo Mayor Greg Goodnight. “These homes will transform an important thoroughfare along Apperson Way and create an attractive gateway into Kokomo’s historic Near East Side.”
The three-story homes will have two- or three-bedrooms each with a garage and two balconies. All eight homes will be for purchase.
“We wanted to be a part of the growing and vibrant downtown,” said Hollingsworth. “This is great investment opportunity and we’re thrilled to work with the City to bring quality housing to Kokomo. After taking a look at the market, it was clear that there is a strong demand for single-family homes in and near downtown Kokomo.”
The Grove on Mulberry will be the second townhome development under construction in and near downtown in the last 12 months.
Construction on the homes is scheduled to begin later this year.