$60 million, 188-home subdivision planned for Marion
21 Nov 2022
Housing is a significant issue in many communities throughout the Arkansas Delta, and a major home building development is about to start in Marion. Brownstone Estates of Marion, a subsidiary of The P3 Group, Inc. has acquired 75 acres of land in Marion to develop a 188-home subdivision which will be called Brownstone Estates.
The P3 Group, Inc. has entered into a contract with DR Horton, the largest U.S. home builder, who will purchase the completed lots and construct 188 homes. Home prices are currently slated to range from $260,000 to $400,000 and will address the severe housing shortage in Crittenden County.
A groundbreaking for the project is tentatively scheduled for March.