WARREN PLACE TO BEGIN IN SPRING

March, 1997

Warren Place, a new residential subdivision project for Jackson, has recently been announced by Lorimont Place, Ltd, a Cape Girardeau real estate development company which will oversee and market the new subdivision.

Tom Kelsey, Broker for Lorimont Place, Ltd., said the new 132 acre development is located west of Kimbeland Golf Course, south of Indian Hills and adjoins County Road 318 near Highway 25 to the south. The subdivision will feature 169 building lots with lots ranging in size from one-half to 1.3 acres.

Focal point of the new residential development will be a nine acre lake to be constructed with 24 of the lots having lakeside access. Plans are for concrete streets, all city utilities and protective building covenants. Plans call for medium to upper price range of homes for the new Jackson project. Lots will be marketed primarily to area builders for speculative building and individuals seeking to have a custom type home built.

The property was formerly known as the Barks Farm and was purchased from the Barks and Nitsch families last year by Warren Place, LLC. Most of the property hs been gently rolling pasture and woods making it an ideal setting for a residential development. Plans are to keep the natural rolling contours with streets and lot designs positioned accordingly.

Construction is scheduled to begin in the spring, according to Kelsey whose firm is also involved in the Lorimont Place Professional Center, Six Thirty Industrial and Corporate Pak and several other development projects. Additional information can be obtained by calling Kelsey at 573-334-5200