Neighbors,
The President of KB Atlanta, Mr. Greg Duriez, came to Hampton Oaks this past Friday, along with members of the KB Atlanta team, to discuss the future plans for the Hampton Oaks community.
While we promised to post minutes from the meeting here, there was so much information shared that it would be impossible to cover everything. So I'll just highlight the key points.
A few neighbors collected some of the prevailing concerns around the neighborhood and presented them in a letter to Mr. Duriez, prior to the meeting which he addressed in most of his presentation. The questions revolved around how KB is responding the housing slump in their sales and marketing planning for Hampton Oaks.
Mr. Duriez assured us that KB is totally invested in the success and growth of the Hampton Oaks community and is being very strategic in their marketing efforts. Prices were lowered in many of the KB home communities including Atlanta's other Martha Stewart development, Wynchase, as a first reaction to the change in market conditions.
New prices start in the $180's, slightly less than what the market allowed just one year ago, however with KB's build-to-order model, buyers can still expect to spend in excess of $200,000 with the addition of upgrades and options.
KB has also decided to discontinue the least popular Martha Stewart models, the ones that did not sell very well in the first phase, and introduce a line of Martha Stewart ranch plans. The ranch plans target baby boomers, who would enjoy a community like Hampton Oaks and would have enough equity in their current homes to sell and walk away with a significant down payment on a new home.
KB Atlanta has exercised their option to purchase a total of approximately 200 home sites from developer, PEC at this point. That number will increase as we start to see the positive effect of the new marketing strategies. The neighborhood expressed a sincere interest in supporting KB's new marketing effort in many ways, including offering testimonials and planning events for potential new neighbors.
Mr. Duriez also suggested that if neighbors were willing to show their homes to potential buyers, particularly homes that do not have an available model, that KB would offer a Home Depot gift card as a thank you. If anyone is interested in signing up for that program, contact the sales office for more information.
Mr. Duriez pledge to continue to keep the neighborhood clean and free of construction debris as they continue to build and if we should happen to find that they are falling short of that commitment to call the warranty line, file a claim and they will come out and take care of it right away.
Overall it was a very productive meeting. Many of our questions were answered and most of the neighbors felt comfortable with KB's new strategy for growing our neighborhood. We will work together to keep the lines of communication open between the neighbors and KB and feel sure that Hampton Oaks will continue to be a place that we are proud to call home.
Our property managers were also present and announced that they are planning a meeting on January 29th to address concerns about property maintenance, clubhouse management and the formation of a homeowners' association.
Please check back here for updates.
Hampton Oaks
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7 comments:
Hello Neighbors:
Thank you to the coordinators of this blog. I wanted to share with you all information that I found on The Shops at Hampton Oaks...
http://www.equityone.net/site_maps/layout.cfm?p_id=744&p_sky_id=6345&state=GA&mode=pro
At this URL you will see that the following is currently planned: daycare, drugstore, 2 outparcels and two strips of retail shops.
Best regards,
Gwen
PS for more info you can always Google - The shops at Hampton Oaks and even see some info. from the fulton county site on this property.
Neighbors:
I know that many of you are interested in the plans for Parkway Village (East intersection of Campbellton-Fairburn & South Fulton Pkway).
You can review the site plans at the following URL:
http://www.watkinsretailgroup.com/#/property/parkway/.
Please note that I understand that Starbucks received approval from Fulton County to add a retail outlet between the bank and the Zaxby's.
Best regards,
Gwen
Hello Neighbors:
If you are interested in the plans for the western intersection of South Fulton Parkway & Campbellton-Fairburn Rd you may review the site plans at the following URL:
http://www.weingarten.com/retail/property/0592-264/
Regards,
GWen
Ongoing monthly meetings at the Cliftondale community center...
2nd Monday of every month from 7-8pm
They meet at Arts center on Butner Rd. behind tennis courts.
This month senator will speak on
plans for South Fulton...check out
www.cliftondale.org
Will it be possible for someone to take the minutes and post them for those who will not be able to attend the meeting??
Thanks in advance
Thanks, Ms. Home Buyer. I will take this information and compile it into a post in the next week or so. That's great information.
One of the neighbors will be taking minutes and I will be sure to get them and post them for everyone. Great idea!
Hello,
I have recently been in communication with the leasing managers for Parkway Village, The Shops at Hampton Oaks, and South Fulton Crossing. I keep the latest information at http://www.theshopsat.com.
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