New Homes Westfield Indiana

Check out BuilderOnline's take on Symphony, one of the largest developments ever in Indiana, an Estridge project currently in the zoning phase with the city of Westfield, Ind. Read a portion below, or the entire article here.

Estridge Moves Forward With $1.2 Billion TND; With 1,400 acres and more than 3,800 homes, Symphony is one of the largest developments ever in Indiana. - Alison Rice

July 22, 2010 - The housing downturn hasn’t curtailed the Estridge Company’s ambitions. This fall, the Carmel, Ind.,-based company plans to start breaking ground for Symphony, a traditional neighborhood development (TND) north of Indianapolis. At 1,400 acres and 3,860 homes, it will be one of the largest new-home developments ever in Indiana.

But Symphony will be notable for more than its significant size. Composed of a handful of “villages” linked by trails and roads, the $1.2 billion project in Westfield, Ind., will offer buyers and residents the chance to live in a community designed to bring together multiple generations: singles seeking urban density in suburban locations, sports-crazed families with minivans and soccer cleats; and aging seniors in need of continuing care.

“We want to model what new neighborhoods should be,” says Paul Estridge Jr., president of the Estridge Company.

Symphony seeks to accomplish that through an “intergenerational approach” that mixes housing types and prices across the development, rather than the customary “silo-ing” in many new-home developments, where the product offered only appeals to one market segment. Under that model, when housing needs change, buyers must move elsewhere, no matter how much they might love their community.

In the works since 2002, Symphony’s plans have evolved during the downturn. “It’s a blessing, because if we hadn’t have done this during a recession, we would have done [Symphony] on a quicker time frame,” Estridge says. “We would have missed the realization that we needed to be on a different track than we were on.”

“That’s the lesson of the recession,” says Brian Canin of Orlando, Fla., planning firm Canin Associates, which designed Symphony. “Before the recession, you could say, ‘I have the luxury of targeting just the $500,000 to $2 million market. Now we have to cater to the very broad spectrum of everyone who needs a house and put the money where it really works.” Read Alison Rice's entire article via BuilderOnline here.

Learn more about Estridge, central Indiana's premiere homebuilder since 1967, here.

In this article from IBJ.com, Scott Olsen reports Estridge Cos. received an infusion of capital, $10M to be exact, which is unusual on two fronts: one, the ability for a homebuilder to raise capital in these tough economic times and two, the source of the investment: Estridge subcontractors.  

Subcontractors come to Estridge's aid with $10M investment - Reported by Scott Olsen for IBJ.com

June 26, 2010 - One of the Indianapolis area’s most formidable homebuilders has received a $10 million investment to help it weather the severe housing downturn.

The infusion into The Estridge Cos. is unusual on two fronts. Few companies in the out-of-favor homebuilding industry are able to raise capital these days. And the source of the Estridge funds wasn’t traditional investors—it was subcontractors that have a long-standing relationship with the custom builder.

Owner Paul Estridge, 52, said the company is in no danger of becoming the latest casualty of the meltdown. Yet he acknowledged the difficulties of securing traditional bank financing at a time many have restricted lending.

“How are you going to raise capital?” he asked. “We’re not a public company; the banks are shut down. What do you do? You go to the people you’ve done business with.”

About 25 investors agreed to chip in from $25,000 to $500,000 in exchange for ownership stakes. Collectively, the subcontractors will own 35 percent of the company.

Estridge, the area’s largest custom builder based on homes constructed, expects to build 250 homes this year ranging in price from $300,000 to more than $1 million.

The launch of its most ambitious project, the proposed Symphony development in Westfield, hinged on the investment, Estridge said.

The public got its chance June 21 to weigh in on the builder’s plans for the nearly $1 billion mixed-use development, which could include a 5,000-seat multipurpose stadium, as well as 3,000 homes, condominiums and apartments. The builder is asking the city to put $70 million into the project to fund roads and sewers, as well as the stadium.

This Featured Estridge New Home, a Getty in Centennial at 146th St. in Westfield, is an Estridge Tax Credit Ready Home. Find your Estridge Tax Credit Ready Home before April 30, 2010 and enjoy up to $8,000 with the Federal Homebuyer Tax Credit, plus the opportunity to triple it with Estridge.

The home, now showing at 14731 Bixby Drive in Westfield, is listed at $399,900. This 4 bedroom, 4.5 bathroom with a designer kitchen and a finished lower level with a full bathroom is available today! To learn more about other features included in this home click here. BLC # 21014607

For questions, directions and more information regarding Estridge neighborhoods or Tax Credit Ready Homes, contact Angie, your Estridge Online Concierge, at 317.669.8619 or visit www.estridge.com today.

Estridge Communities in Brownsburg, Carmel, Fishers, Indianapolis, Westfield and Zionsville will find the following spring tips regarding their home irrigation systems helpful:

1.      Don’t forget to spring forward. If you own an irrigation system, you need to set your irrigation clock ahead an hour for daylight-saving time.

2.      Be sure to thoroughly check your irrigation system in spring. Inspect and clean the filter screens. A lengthy soaking in water and vinegar can remove mineral buildup.

3.      Consider flushing the irrigation lines and check the valve boxes for mud or debris, which can indicate poor drainage.

4.      Spring is the perfect time to install drip irrigation or sweating hoses to water your garden beds and plants. These can save money and they place water where it’s most needed: at the root zone.

Is your home ready for spring? Check out spring home maintenance tips here.

 

The professional team at Wood Wind Golf Academy in Westfield can help improve your overall golf game with personal golf instruction from top tier Indiana golf professionals such as Jon Hoover, Crissy Klein, Mark Matthews and Brad Fellers.

Don’t let the central Indiana winter get the best of your golf game; spring is here and it's time to get ready for summer play with the following golf tip from Jon Hoover, Wood Wind Golf Academy pro:

“The direction your golf ball travels in the full swing, as well as with the putter, is over 80% face angle at the point of impact,” Hoover says. “Learn the importance of how to aim the golf club. Proper aim starts with proper posture and positioning yourself to see the target line! The Wood Wind Golf Academy staff can help assist anybody in finding the best way of seeing their target line. To ensure proper posture and positioning, keep in mind the following three points:

1. Select a specific target.           
2. Allow your eyes to see target line to determine a natural body position.
3. Select the proper ball position (not only front to back, but distance).”

Call the Wood Wind Golf Academy at 317.669.8570 to learn more about playing better golf with instruction from the Academy professionals.  Or visit www.WoodWindGolf.com to learn more.  

Spring has sprung in Estridge neighborhoods and all of the building is calling for new sections of homesites for new homeowners. In two popular Estridge neighborhoods, new sections were recently opened with unique and exciting homesites: Centennial at 146^th Street and The Orchards at Anderson Hall.

The New Irvington Section in Centennial at 146^th Street

Beautiful, tree-lined Centennial at 146^th Street, offers three distinctive collections of 2-story and luxury ranch homes. Now this great Westfield neighborhood, minutes from shopping in Clay Terrace in the heart of Hamilton County, is breaking ground on homesites in a newly opened Irvington Section, off of Ditch Road between Centennial and Centennial at 146^th Street.

“This new section of Irvington homesites is nestled on all sides by a landscape featuring mature trees and evergreens,” says Juli Hurdle, New Home Consultant for Centennial at 146^th Street. “Two cul-de-sacs connect this small, quiet neighborhood, and most homesites afford backyard privacy. Some homesites will accommodate a 3-car garage, a first for the Irvington Collection in Centennial, while all are designed with yard space that can be easily maintained. One of the most appealing features to homeowners is the privacy this section affords. This section of homes enjoyes a private entrance and the north end of the neighborhood is bordered by a nice berm with landscaping.” Irvington Collection homes are built from $280,000.

To learn more about the new section for Irvington Collection homes, visit the Irvington Collection Model Home at 1388 Sommerville Drive in Westfield or contact either Juli Hurdle at 317.669.7089, hurdlej@estridge.net or Tasha Swetnam at 317.669.8665, swetnamt@estridge.net.

Centennial at 146^th Street boasts a great location, incredible neighborhood amenities including a swimming pool, a cabana house, and a playground as well as tennis, basketball and volleyball courts, all in the heart of Hamilton County - Voted America's Best Place to Raise a Family by Forbes Magazine.

The New Orchards Section in Anderson Hall

Anderson Hall in Fishers has always offered their Orchard Collection of homes priced from $280,000 to $400,000. Now this great neighborhood has broken ground in the new Orchards Section!

“The new section has gorgeous tree-lined homesites along cul-de-sacs,” says Tisha Hinshaw, New Home Consultant for Anderson Hall. “They are very private homesites. Some sit on half an acre near large cul-de-sac green spaces, perfect  to play. Offering homeowners privacy, spacious backyards and great use of the surrounding green spaces - this new section is just beautiful!”

Conveniently located just minutes from I-69 and taking advantage of highly acclaimed Hamilton Southeastern schools, Anderson Hall is designed with gorgeous boulevard entrances highlighted with large limestone curved walls and colorful landscaping. The curving streets feature borders of trees and thoughtfully placed greenspace and lakes.

To learn more about this new section and reserve your homesite today, visit the Orchard at Anderson Hall Decorated Model Home at 13870 Sonrisa Drive in Fishers or contact New Home Consultants Kelly Dillon or Tisha Hinshaw at 317.669.8624 or dillonk@estridge.net or hinshawt@estridge.net.
 

We are excited to join 44 other new home builders in Parade of Homes Indianapolis this Spring. The Estridge decorated models featured in this year's Parade of Homes are:

- Reserve at Rock Bridge in Zionsville
- Irvington Collection Model in Centennial at 146th Street in Westfield
- Edenwilde in Franklin Township
- Manor at Anderson Hall in Fishers


Tax-break deadline spurs spec homes in Parade
Indianapolis Business Journal
By Scott Olson, March 29, 2010

This spring's Parade of Homes is being held about two weeks earlier than normal to help builders lure homebuyers who want to take advantage of federal incentives intended to give the residential real estate market a boost. Builders also are taking chances on more spec homes.

The annual spring Parade of Homes, which gives dozens of Indianapolis-area home builders the chance to showcase new models to potential buyers, hasn’t undergone any major format changes this year. But one adjustment that may seem minor on the surface is critical to many participating builders.

The dates of the event have been moved up by about two weeks, to April 10-11 and April 17-18, to help builders lure homebuyers who may be emboldened by federal incentives to make a purchase in an otherwise slow residential real estate market.

READ full article on IBJ.com.

Absolutely wonderful experience, unlike any other building or home buying experience we have previously. Estridge is the epitome of what a builder should strive to accomplish in terms of quality and customer service.

We are proud to say we live in an Estridge built home. From the sales professionals to the finance company, Estridge has embodied what should be considered the "gold standard" of home building. Paul has surrounded himself with wonderful and dedicated people who obviously care about the reputation of the Estridge's Companies. Thank you from the bottom of our hearts.

- Estridge Homeowner, Centennial at 146th Street in Westfield
 

Neighborhood Open House
Saturday, March 27 and Sunday, March 28
Noon to 5pm
Irvington Decorated Model Home at
1388 Somerville Drive, Westfield, IN
Call 317.669.7089 for questions or visit www.estridge.com for directions.

Enjoy refreshments, catch up on the happenings at Centennial and tour six homes & townhomes under construction.

Plus, bring this registration form and receive a certificate for a free home decor gift at HOMExperience and enter to win a $100 gift certificate to Wood Wind Golf Club in Westfield.

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Why else should you visit Centennial this weekend?

Because it’s already a busy Spring at Centennial at 146^th Street in Westfield!

Over 8,000 neighborhood trees are budding, the neighbors are starting the Community Garden, the Bark Park is full of puppies ready to play, landscaping is beginning to take shape, and, most importantly, dirt is moving, and new Estridge homes are being built! View a photo tour of Centennial.

There are eight ranch and 2-story new homes and five 2-story Lockerbie Townhomes under construction at Centennial, Estridge's Westfield neighborhood!  

Stop in this weekend during the Neighborhood Open House and see what all of the excitement is about!  Plus, tour eight different Estridge luxury home designs in Westfield and witness Estridge quality throughout many different new home construction stages.

-          941A Irvington Ranch Home Decorated Model

-          Columbia Townhome Decorated Model

-          Getty 2-story Home Available for Immediate Move-in (Tax Credit Ready!)

-          Hanover Home Design at Drywall

-          Duke Townhome Under Construction

-          Columbia Townhome Under Construction

-          Amherst Townhome Under Construction

-          Emory Townhome Under Construction

Spring offers a great opportunity to Avon, Brownsburg, Carmel, Fishers, Indianapolis, Westfield and Zionsville communities, neighborhoods and homeowners to revamp their landscaping and go green in the process. Here are a few tips from Estridge Homes on how to go green this spring in central Indiana:

1.      Thinking green this spring can save Hoosier homeowners money in the summer. Planting shrubs and trees on the east and west sides of your home can reduce that home's air conditioning costs as much as 25%.

2.      Create your own compost pile this spring for your home and garden. Organic compost piles are easy to create and one of the most environmentally friendly additions to any home. Ideal sources can be found around the house. Try to include materials with lots of carbon such as wood chips and paper and/or materials with lots of nitrogen such as manure, grass clippings and pulled weeds.

3.      Try to reduce your home's water consumption this year. Consider buying a rain barrel this spring to collect rainwater from your home's roof to use in your garden this summer.

4.      Use this spring to begin mulching. Mulch stores water which plants can pull from in dry weather, so make sure you have an adequate amount of mulch in the flower beds that surround your home.

Is your home ready for spring? Check out more Estridge Home Maintenance Tips for Spring here.
 

Spring is the perfect time to start selecting plants for your Brownsburg, Carmel, Fishers, Indianapolis, Westfield, Avon or Zionsville area home. Which plants will work best in your yard? Which plants will help your real estate value? Estridge suggests homeowners and homebuilders follow these tips when selecting plants during spring:

1.      Ask yourself many, many questions: How will you use the area you are planting in? Recreation? Decoration? Do you have children? Are you concerned about security? Do you want shade for your hammock? Will you be tossing a football around? Remember, your new plants will grow so avoid placing them too close together.

2.      The flowers, shrubs and trees you choose now can save you money on water over the summer. Ask your local nursery for a selection of native central Indiana plants. Plants from the Hoosier climate zone could require less water than others, and are more likely to survive local pests, saving you money on replacing them.

3.      Try smart landscaping design. Group plants together with similar water needs to improve water efficiency. Ask your local nursery on efficient landscape design techniques. They should be happy to help.

Congratulations to Estridge Custom Galleries designated the #1 Custom Home Builder in Indianapolis by the Indianapolis Business Journal, as ranked by an IBJ survey of 2008 local revenue.

Estridge Custom Galleries and Paul E. Estridge Homes design and build custom homes in neighborhoods and on your homesite throughout Central Indiana from homes valued in the upper $400,000s to multi-millions of dollars. The custom arm of The Estridge Companies has been creating custom building experiences since 1967 around Indianapolis. 

Unique, professionally decorated model homes by Estridge Custom Galleries are available for touring in

• The Village of WestClay in Carmel
• The Bridgewater Club in Westfield
• Grandin Hall in Carmel

Additionally, Estridge Custom Galleries builds custom-designed new homes in The Willows in Zionsville and on homesites around Central Indiana.

Learn more about Estridge Custom Galleries and Paul E. Estridge Homes at

www.EstridgeCustomGalleries.com.

View a photo gallery of custom homes around Indianapolis, built by Estridge.

Learn about the 2007 Paul E. Estridge Dream Home in The Village of WestClay.

Other Paul E. Estridge Home Photography

    

• Hardwood flooring throughout
• Office with custom built-in wood shelving and paneling
• Gorgeous trim details throughout
• Granite countertops in kitchen with breakfast bar island
• Custom home design offers open living areas and built-in shelving around fireplace
• Oversized windows
• Custom finished paver patio with firepit and pergola on wooded homesite
• and MUCH MORE!