Builders Create Own Urban Renewal Trend In Region

Crown Point home builder Craig Rich is taking advantage of opportunities not often seen in older communities — the chance to build new, upscale homes within walking distance of a thriving downtown. Rich’s Homefront Construction has completed one home on South Street and is planning several more near downtown. The projects are an example of a trend that’s been growing nationally — building new homes in older neighborhoods, often in prime locations. “That’s our main focus — urban renewal,” said Rich, who founded Homefront Construction three years ago and also operates a masonry business, Rich Construction, which is a decade older. The projects can eliminate an eyesore and increase the value of properties where dilapidated homes are replaced or vacant lots are filled.

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Source: NWI Times

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