In a 5-3 vote Wednesday, Nagle says that “the Bloomington Planning Commission recommended the council approve the plan submitted by PMO Properties Manufactured Mobile Home Park east of Greyhound Drive and south of East Hamilton Road.”
MHProNews has reported such new developments in other parts of the U.S., including Texas, Pennsylvania and Tennessee. There are also expansions of existing communities underway literally from coast to coast.
The 8-acre site in Bloomington was previously Southgate Estates, an MH Community which was in foreclosure in 2011, and split into parcels sold to two separate buyers. An engineering study on impact of the drainage system on storm sewers are among the hurdles still to be navigated.
The need for affordable housing is driving the trend in various markets, which is also causing investors in existing communities to flock to the MH land-lease sector in greater numbers. ##
(Note to Investors/Developers: see evolutionary story of trailers to mobile homes to manufactured homes at this link here.)
(Photo credit: WikiCommons)