At that time, the developers had hoped to start building early in 2012. I don't know particulars, but it did take quite awhile for the site work to be done.
Now known as Waverly Commons, the project finally has some building going on.
I'm excited to see this project take shape and am looking forward to seeing how it develops. From what I can see on the developer's website, all but three of the lots were spoken for in early summer. I'd guess by now all have some sort of reservation.
Check back for updates, or let me know if you have any real estate questions.
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