A new subdivision in the Village of Shelby is capturing local attention and addressing a significant housing shortage in the area. Spearheaded by Oceana County Development Company, a 501(c)(3) non-profit—this development seeks to offer accessible, move-in-ready homes near the heart of town and just steps away from the local school. From its inception to its future phases, the project promises to spark growth while maintaining strong community ties. We recently sat down with Gaby Peterson-who is on the board of directors of Oceana County Development Corporation and is the listing agent-to learn more about this exciting endeavor and its potential impact on Shelby.
A Local Builder and Local Workforce
Stovall Construction Inc is heading the project, approximately 85% of the construction workforce hails from the local area. The Peterson family purposefully chose local subcontractors and vendors in order to invest back into the community. “It’s really nice to see familiar faces and know that people here have steady work for a while,” Gaby Peterson says.
Sales and Scope: How Many Homes Have Sold?
The development’s first phase is well underway, with about half of the phase 1 homes already sold. Peterson says sales began in late fall of last year, and they anticipate even more contracts will be signed by spring. Over the course of four planned phases, the subdivision will see the construction of roughly 80 single-family homes in total.
Average Selling Price and Design
The homes are priced to be “affordable,” yet incorporate higher-end features. The average selling price of phase 1 homes are about $229,000, though there are models listed at $214,000, $224,000, and $249,000. In Phase 2 a new model will be priced at $199,000. These are site condominiums, meaning buyers own both the home and the land, yet the neighborhood shares certain amenities.
To dispel assumptions that these might be “low-income” units, Peterson highlights the luxury vinyl plank flooring, granite and quartz countertops, and stainless steel appliances. “We wanted people to move into a place that’s not only brand-new, but feels high-quality from the start,” she explains.
Meeting Local and Statewide Housing Needs
A recent study indicated a 40% housing shortage in the Shelby area, mirroring broader trends throughout Michigan. With remote work becoming more common and retirees looking for turnkey properties, there’s a growing demand for moderate-sized, move-in-ready homes. According to Peterson, some of the buyers are coming from larger cities like Kalamazoo or Lansing, as well as from out of state.
Neighborhood Advantages and Amenities
Several factors make this subdivision a strong fit for families and individuals alike:
- Proximity to Schools: Being across from the local school provides convenience for parents and grandparents.
- Common Spaces: The homeowners pay around $30/month in association fees, covering maintenance of retaining ponds, a future playground, and common grounds.
- Completed Basements and Garages: Many of the homes come with finished garages and basements, adding to their immediate livability.
Community Response and Potential Challenges
Initial reactions from community members were enthusiastic, although some confusion arose when rumors circulated that these homes would be low-income or government-subsidized. In reality, the project has received a MEDC and a MARD grant from the State of Michigan. These grants were used to cover a small portion of the project infrastructure costs.
Permitting and regulatory approvals, particularly concerning water and sewer extensions, created the biggest hurdles. Fortunately, Peterson says support from both Shelby Township and the Village of Shelby has been strong. “They really want this to work and see the community grow,” she notes.
Impact on Local Businesses and Infrastructure
The influx of new residents is anticipated to bolster local businesses and public services. Peterson hopes to see enrollment in local schools increase and more foot traffic for shops in the area. “I can’t think of anything negative about that,” she says. “More families mean more vitality in our community.”
Financing Options and Future Plans
Buyers can access a variety of financing options, including FHA, VA, Rural Development loans, and conventional mortgages. Although the Petersons have worked with local banks like Shelby State Bank, buyers are free to use their lender of choice.
As for future developments, Peterson indicates there are no immediate plans beyond the current four-phase project. The entire build-out is expected to take seven to eight years from start to finish. “We’re just focused on delivering quality homes and filling a housing gap right now,” she explains.
Towards a Revitalized Shelby
Ultimately, this subdivision aims to provide a housing option that balances affordability with quality, helping address the local housing shortage while revitalizing the area. For the Peterson family, the project reflects a long-standing gratitude toward Shelby and the surrounding community—a commitment now taking shape in the form of brand-new homes and new opportunities for growth.
“We’re on the rise and ready for new families,” Peterson says, “and we’re thrilled to see Shelby flourish.”
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