Driving through Southern Utah, there are three things that always catch my attention. The red rock terrain, the green golf courses, and the heat. Just last week, my wife and I drove through St. George and it was probably 85 degrees...in April. Temperatures start to average in the mid 80's starting in May and usually last till October, getting to the upper 90's and 100's in June, July, August and September. The heat provides the perfect opportunity for residents to embrace green building...and that seems to be the case in St. George. A housing panel is weighing plans for the construction of a green housing development aimed at households earning between 60% and 110% of the area median income. The Flats at South Point will save residents 50% or more on heating and cooling costs and will have a targeted home value between $180,000 and $230,000 . An affordable green development in the ballpark of $135 per square foot. That's awesome! The first phase of construction is slated for completion around July 2008.
The homes will be Energy Star Certified and certified green through Environments for Living. Developers estimate these costs to be as low as $43 a month for smaller 1-3 bedroom units and up to $57 per month for bigger 4 bedroom units.
The units are currently priced from $199,900 ($135 per sq/ft) to $234,900 ($135 per sq/ft) and are being marketed to workers earning between 60 % and 110% of the area median income (Just to give you an idea, according to a 1999 US Census Bureau, the median household income was $36,505. Now, you would have to figure this number to have increased over the last 8 years, with SkyWest Airlines moving their headquarters to St. George, Wal-Mart locating a huge distribution center just outside St. George, and Intermountain Health Care opening a new $100 million hospital building in St. George. The city is one of the fastest growing in the country). On their website, they even have a model that will be available for $254,900 ($125 per sq/ft). Their are only 5 of the $199,900 units available though. HOA fees will be just $30 a month.