Cedar Lake sees construction increase
By Kitty Conley email@example.com February 5, 2013 12:24PM
Updated: February 5, 2013 12:24PM
CEDAR LAKE — The Town of Cedar Lake, like others in south Lake County, just keeps on growing. None of the communities
have returned to the building boom of the 1990s, but they are still growing.
Cedar Lake has issued building permits on 67 new buildings with an estimated value of $15.6 million, for commercial and residential combined. The overwhelming majority in both numbers and value are in Hanover Township.
There were 59 new construction projects in Hanover Township, with 57 of them being homes. The other two are commercial property. The homes out-value the commercial development at over $7.3 million with the commercial valued at $5.8 million.
There were eight new construction buildings in the Center Township portion of Cedar Lake, also with two commercial buildings. The value of the homes is at just under $800,000, with the commercial taking the lion’s share of value at over $1.6 million.
Olthof Homes has 27; next in line is McFarland Homes with nine. Of the 27 Olthof homes, three appear to be detached single-family and 24 appear to be attached single-family homes, or duplexes.
The four big commercial developments are Strack & VanTil grocery store at $5 million, followed by Luke Oil at $1 million, then CVS Pharmacy at $800,000 and the Franciscan Sisters’ medical offices at about $650,000. That last property has room for expansion.