Tackling housing issue head-on | Business News

PRINCETON – Princeton Mayor Greg Wright was so pleased with the prospect of more living space that he stuck a little too many elbows in his ceremonial shovel at the groundbreaking ceremony for Circle Point Villas on Wednesday.

Reinbrecht Homes is developing the subdivision south of the roundabout on the west side of Second Avenue. REMAX Midwest owner Tim Mason said there are more than 100 detached townhouses planned on the property, making it the largest subdivision in the county.

Phil Reinbrecht said that the infrastructure work will begin first, then it is possible that the first house will be completed in the fall of 2022. REMAX is a partner in the marketing of the development.

Mason thanked property owner Alan Douglas for participating in the voluntary annexation that made the development possible.

The project is the latest attempt to increase Gibson County’s housing stock. Housing offers have been a priority for local officials for several years as they look for ways that families taking new jobs at Toyota and other businesses become Gibson Countians, rather than commuters.

Wright and Princeton Common Council completed the annexation of the land along Second Avenue earlier this year with the aim of opening it up for development and eventually building a link road to Richland Creek Drive.

Tami Muckerheide, executive director of Gibson County Economic Development Corporation, Patty Vanoven, executive director of the Gibson County Chamber of Commerce, and chamber officers, members of Princeton Common Council, Douglas, and representatives from REMAX and Toyota attended the groundbreaking ceremony on Wednesday afternoon.