Preston Lake

The Hine Group commissioned a market study of townhouses and single-family homes from Delta Associates for a rectangular tract of farmland totaling 145 acres in Harrisonburg, Virginia. Primary tasks associated with assessing the project include: evaluating the subject site and project plans; analyze market activity, project market scale and demand over the near term, and compare this to existing and planned supply in Harrisonburg and Rockingham County; survey competitive single-family and townhouse projects; and recommend a development program for the subject with regard to unit sizes and mix, unit and project features and amenities, sale prices, target market, and parking solution.

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