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Stock impact report

The $450M Parkside at Lebanon project: What to know as site work begins [Yahoo! Finance]

M/I Homes, Inc. (MHO) 
Last m/i homes, inc. earnings: 4/29 08:30 am Check Earnings Report
US:NYSE Investor Relations: mihomes.com/support/investors
Company Research Source: Yahoo! Finance
The area along Ohio 63 west of Lebanon will be a hub of activity for the next few years. The list of projects will eventually include the widening of Ohio 63 and the construction to three lanes, 574 single-family homes, 280-apartment units, 178 townhomes, a 230-unit senior living facility and retail and office space. The development is on a 277-acre historic farm that features a restored farmhouse from the 1820s on scenic property. The centerpiece of the development is a 60-acre city-owned park that will feature a 10-foot wide walking and bike path connecting to downtown Lebanon and miles of connective trails. Developer Neil Hughes of Doyle Hughes Development, LLC, said he'd put the value of the investment at around $450 million when the project is completed in the next eight to 10 years. Hughes said that "this is a great opportunity for more growth and more housing options for new and existing homeowners." The first phase of the project will focus on aspects west of the city Show less Read more
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