At Monday night’s meeting, the Board of Mayor and Aldermen approved on second reading the annexation of 32.6 acres of property and an accompanying two-acre park owned by Wolfe Development off Vines Drive. The town will assume ownership of the park through a quit-claim deed.
The planned residential district is the second phase of development in the Vines Farm Subdivision.
“We’ve been very, very blessed as far as the success of this development and the quality of homes going in,” Wolfe Development owner and former Jonesborough Mayor Kelly Wolfe said. “We’re taking a keen interest in making sure that this is a community that will serve young -— and maybe not so young — families for a long time here in Jonesborough.”
Phase one of the subdivision was already constructed inside Jonesborough’s city limits, but the property Wolfe hopes to develop as part of phase two was not. Wolfe Development requested that the town annex the area, which will give residents access to the town’s sewer and water systems, police protection and refuse collection from the town. The subdivision is already served by Jonesborough’s fire department.
Wolfe said the new development will be similar to phase one, which had nearly 40 lots — all but eight of which were already sold — but Wolfe said they may introduce “a small degree” of multi-family homes. Wolfe said home prices in the first phase ranged from about $325,000 to $450,000.
Wolfe said getting the town to annex the property was “very important,” and he thinks being attached to the town will be a big benefit to the project’s viability and affordability.
“People, I think, value city services like police and fire, trash pickup, curbside recycling,” Wolfe said. “People want to be attached to all the great things the town of Jonesborough does.
“I think being in the city is a big draw for a lot of folks,” Wolfe added.
Jonesborough Town Administrator Bob Browning said the subdivision is a good indicator of the town’s growth and future growth potential.
“Right now, we probably are having as much growth as we’ve had in a decade,” Browning said. “The economy is doing fairly well in this area, and we like to think Jonesborough is a great place to develop.
Wolfe said the plats for the subdivision will likely be finalized and presented to the town in the next 12-18 months.