Champion Homes and Quartz Properties Boosts Asheville Housing Availability with New Community
Champion Homes and Quartz Properties have unveiled Belle Meadow, a 90-unit build-to-rent community in Asheville, NC. This development showcases offsite and modular construction techniques, offering a solution to the region's housing availability needs. Belle Meadow comprises 30 single-family homes and 30 duplexes across nearly 10 acres in the Blue Ridge Mountains.
Each home features four bedrooms, three bathrooms, and averages 1,600 sq. ft. The project demonstrates the efficiency of modular construction, with homes built off-site and finished on location. Notably, the community is opening for tenants just 6 months after the first home was set, with all 90 homes expected to be completed within one year of starting vertical construction.
Champion Homes e Quartz Properties hanno presentato Belle Meadow, una comunità di affitto da 90 unità a Asheville, NC. Questo sviluppo mette in mostra tecniche di costruzione offsite e modulare, offrendo una soluzione alle esigenze di disponibilità abitativa della regione. Belle Meadow comprende 30 case unifamiliari e 30 duplex su quasi 10 acri nelle Blue Ridge Mountains.
Ogni casa presenta quattro camere da letto, tre bagni e una superficie media di 1.600 piedi quadrati. Il progetto dimostra l'efficienza della costruzione modulare, con case costruite fuori sede e terminate in loco. È notevole che la comunità aprirà agli inquilini solo 6 mesi dopo la costruzione della prima casa, con tutte le 90 case previste essere completate entro un anno dall'inizio della costruzione verticale.
Champion Homes y Quartz Properties han presentado Belle Meadow, una comunidad de alquiler de 90 unidades en Asheville, NC. Este desarrollo exhibe técnicas de construcción offsite y modular, ofreciendo una solución a las necesidades de disponibilidad de vivienda de la región. Belle Meadow consta de 30 casas unifamiliares y 30 duplex en casi 10 acres en las Montañas Blue Ridge.
Cada casa cuenta con cuatro dormitorios, tres baños y un promedio de 1,600 pies cuadrados. El proyecto demuestra la eficiencia de la construcción modular, con casas construidas fuera del sitio y terminadas en el lugar. Es notable que la comunidad abrirá para inquilinos solo 6 meses después de que se estableció la primera casa, con todas las 90 casas esperadas para completarse dentro de un año a partir del inicio de la construcción vertical.
Champion Homes와 Quartz Properties가 노스캐롤라이나 애슈빌에 90유닛의 임대형 커뮤니티 벨 메도우를 공개했습니다. 이 개발은 오프사이트 및 모듈 건설 기법을 선보이며, 지역 주택 공급 부족 문제에 대한 해결책을 제공합니다. 벨 메도우는 블루리지 산맥의 거의 10에이커에 걸쳐 30개의 단독주택과 30개의 듀플렉스를 포함합니다.
각 주택은 침실 4개, 욕실 3개, 평균 1,600 제곱피트의 크기를 갖추고 있습니다. 이 프로젝트는 모듈식 건설의 효율성을 입증하며, 주택은 부지 외부에서 제작되고 현장에서 마무리됩니다. 특히 이 커뮤니티는 첫 번째 주택이 세워진 후 단 6개월 만에 세입자를 맞이할 예정이며, 모든 90채의 주택이 수직 건설 시작 후 1년 이내에 완료될 것으로 예상됩니다.
Champion Homes et Quartz Properties ont dévoilé Belle Meadow, une communauté de location de 90 unités à Asheville, NC. Ce développement met en avant des techniques de construction hors site et modulaire, offrant une solution aux besoins de disponibilité de logements dans la région. Belle Meadow comprend 30 maisons unifamiliales et 30 duplex sur près de 10 acres dans les montagnes Blue Ridge.
Chaque maison dispose de quatre chambres, trois salles de bains et d'une superficie moyenne de 1 600 pieds carrés. Le projet démontre l'efficacité de la construction modulaire, avec des maisons construites hors site et finalisées sur place. Il est notable que la communauté ouvre ses portes aux locataires seulement 6 mois après que la première maison ait été construite, avec toutes les 90 maisons devant être achevées dans l'année suivant le début de la construction verticale.
Champion Homes und Quartz Properties haben Belle Meadow vorgestellt, eine 90-Einheiten-Mietgemeinschaft in Asheville, NC. Diese Entwicklung demonstriert Offsite- und Modulbau-Techniken und bietet eine Lösung für die Wohnungsverfügbarkeit in der Region. Belle Meadow umfasst 30 Einfamilienhäuser und 30 Doppelhaushälften auf fast 10 Acres in den Blue Ridge Mountains.
Jedes Haus verfügt über vier Schlafzimmer, drei Badezimmer und eine durchschnittliche Fläche von 1.600 Quadratfuß. Das Projekt zeigt die Effizienz des Modulbaus, wobei die Häuser außerhalb des Standorts gebaut und vor Ort fertiggestellt werden. Bemerkenswert ist, dass die Gemeinschaft nur 6 Monate nach der Fertigstellung des ersten Hauses eröffnet, wobei alle 90 Häuser voraussichtlich innerhalb eines Jahres nach dem Beginn des vertikalen Bauens abgeschlossen sein werden.
- Rapid construction: 90 homes to be completed within one year of starting vertical construction
- Efficient delivery: Tenants moving in just 6 months after the first home was set
- Addressing housing shortage: Providing 90 new rental units in a high-demand area
- Cost-effective construction: Modular methods offer competitive pricing compared to traditional construction
- None.
Insights
The launch of Belle Meadow in Asheville, NC, represents a significant development in addressing housing availability through innovative construction methods. The project's scale of 90 units and its rapid completion timeline are noteworthy. The use of modular construction techniques allows for faster delivery, potentially alleviating housing shortages more quickly than traditional methods.
From an investor's perspective, this project demonstrates the scalability and efficiency of modular construction in the build-to-rent sector. The ability to complete all 90 homes within one year of starting vertical construction is impressive and could lead to faster returns on investment. However, it's important to monitor the long-term performance and maintenance costs of these modular homes compared to traditional constructions.
The partnership between Champion Homes and Quartz Properties, along with their track record in other developments, suggests a potential for replication of this model in other markets facing housing shortages. This could present growth opportunities for companies involved in modular construction and build-to-rent projects.
Belle Meadow's introduction to Asheville is a strategic response to the region's housing needs. The mix of 30 single-family homes and 30 duplexes on 10 acres represents a moderate density development, balancing housing supply with land use efficiency. This approach could serve as a model for other municipalities grappling with housing shortages while maintaining community character.
The project's location in the scenic Blue Ridge Mountains highlights the importance of integrating new developments with local landscapes. This could enhance the attractiveness of the properties but also raises questions about environmental impact and sustainability of rapid modular construction in such areas.
The build-to-rent model employed here is particularly relevant in the current economic climate. With rising interest rates making homeownership more challenging, high-quality rental options like Belle Meadow could meet a growing market demand. However, the long-term implications for community stability and local housing markets should be closely monitored.
The Belle Meadow project showcases the potential of offsite and modular construction techniques in addressing housing availability challenges. The ability to deliver 1,600 sq. ft. homes with four bedrooms and three bathrooms using these methods is impressive and could revolutionize the housing construction industry.
The reported timeline of opening for tenants just 6 months after the first home was set demonstrates the significant time savings compared to traditional construction. This efficiency could lead to reduced labor costs and potentially lower rental prices for tenants, making housing more accessible.
However, it's important to consider the quality and durability of these rapidly constructed homes. While modern modular construction has made significant advancements, long-term performance data in various climates and conditions is still Investors and developers should closely monitor the maintenance needs and lifespan of these structures to fully assess their cost-effectiveness and sustainability in the long run.
Nestled in the scenic Blue Ridge Mountains, Belle Meadow consists of 30 single-family homes and 30 duplexes (or 60 homes) across nearly 10 acres.
“The Blue Ridge Mountains provide an inspiring backdrop for the innovative modular homes we’re bringing to Asheville,” said Mark Yost, President and CEO, Champion Homes. “We’re thrilled to introduce Belle Meadow to this vibrant area.”
Each home at Belle Meadow utilizes state-of-the-art offsite and modular construction techniques, featuring four bedrooms, three bathrooms, and an average size of approximately 1,600 sq. ft. These homes are built off-site, then set and finished on location, demonstrating the efficiency and quality of modular methods of construction.
“Belle Meadow is one of the first build-to-rent projects in this area and is designed to meet the growing housing needs in the region” said Joanna Schwartz, CEO and Founding Partner of Quartz Properties. “By utilizing Champion’s modular home solutions, we are opening for tenants just 6 months after the first home was set, and we are on track to complete all 90 homes within one-year of starting vertical construction.”
Build-to-rent projects like Belle Meadow rely on modular construction to deliver turnkey housing solutions that balance cost, quality, and speed, meeting the demands of today’s market.
“Our engineers and builder partners excel at developing attractive homes at price points unmatched by traditional construction methods,” Yost said. “This approach is central to both the build-to-rent model and our commitment to increasing housing availability.”
The need to address housing availability cannot be overstated. A surge in homebuying during the COVID era, fueled by historically low interest rates and a slowdown in new home construction, has created a nationwide strain on availability for both buyers and renters.
Belle Meadow continues the successful partnership between Champion Homes and Quartz Properties, highlighting the potential of modular construction in various communities. Other notable developments include:
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Padgett Place
Featuring 42 stunning Craftsman-style homes, Padgett Place is located just one mile from downtownBlack Mountain, North Carolina . The community’s homes are custom crafted to meet the needs of modern, eco-conscious homebuyers. -
Cascade Ridge
Featuring 32 modern, charming farmhouse-inspired homes displaying high-end finishes, Cascade Ridge is nestled in a tranquil enclave inFairview, North Carolina , near outstanding schools and numerous amenities and attractions.
Learn more about Belle Meadow, Quartz Properties or visit ChampionHomes.com for more about today’s leading manufactured and modular home builder.
About Champion Homes, Inc.
Champion Homes, Inc. (NYSE: SKY) is a leading producer of factory-built housing in
In addition to its core home building business, Champion Homes provides construction services to install and set-up factory-built homes, operates a factory-direct retail business with 72 retail locations across
Champion Homes builds homes under some of the most well-known brand names in the factory-built housing industry including Skyline Homes, Champion Homes, Genesis Homes, Regional Homes, Athens Park Models, Dutch Housing, Atlantic Homes, Excel Homes, Homes of Merit,
Learn more about our products and services on the following company brand websites:
Manufactured and Modular Homes
www.championhomes.com
www.skylinehomes.com
www.genesishomes.com
Park Model RVs
www.athensparkmodelrvs.com
www.skylinepm.com
Star Fleet Trucking
www.starfleettrucking.com
About Quartz Properties Management (Quartz)
Launched in 2018, Quartz Properties Management (Quartz) is a modular-centric residential development platform that optimizes the cost, efficiency, and environmental benefits of off-site construction to build value-driven, attainably priced homes that are both for sale and for rent. Their innovative development platform is comprised of the parent entity, Quartz Properties Management (Quartz), which oversees land acquisition, development, investment, and project management activities; Quartz Modular, Quartz’ wholly-owned home builder and General Contractor; and Quartz Transport, which offers turn-key manufactured and modular home transport, installation, and set services to both Quartz Modular and third-party customers. Quartz is expanding quickly and currently has several Build-For-Sale and Build-For-Rent projects under development.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240910653663/en/
Investors:
Name: Kevin Doherty
Email: investorrelations@championhomes.com
Phone: (248) 614-8211
Source: Champion Homes, Inc.
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