With an increase in housing sales, Colman’s economic development group is working on extending Sunrise Ridge Estates to the east of the current neighborhood.
Realtor Lori Hansen said 11 lots in Sunrise Ridge either have sold or are spoken for this year. That leaves only four or five lots remaining for new homes.
“The market has been great everywhere,” she said. “The hard part has been finding enough places to show.”
In Sunrise Ridge, two homes have recently been finished and are being sold, another is under construction and two additional have foundations poured. The first house in the development was built about a dozen years ago, and more than a dozen homes exist, with the few lots remaining.
“All of a sudden, it’s starting to go,” said Bob Landis, president of the Colman Economic Development Corporation. “A lot of people want smaller towns, a smaller school district vs. a big one,” he said.
While some of the homes are going to local families, others are selling to people moving back to their hometown. A few are being bought by people who are new to town. Residents are all ages in the development.
“I think a lot of people just like our central location. We have a lot of people that drive to Sioux Falls and Brookings (for work),” Hansen said. Colman is close to Madison and the area lakes, as well. “It’s a nice little spot, a hidden treasure here.”
Houses in the development start at about $209,900 and there will be some at $195,000, she said. The lots have been for sale for quite a while, but interest has picked up recently.
“We’d like to start on phase two so we can stay ahead of the game,” she said.
The one thing that remains a shortage in town are apartments, which are full, she and Landis said.
The city is working with an engineer who is coming up with how to develop the next phase of Sunrise Ridge, which could include some lots where walkouts could be built, a popular choice in housing.
While the housing development is expanding, industrial sites also are drawing interest. One yet unnamed business plans to build in the Hillcrest Industrial Park along Highway 34 on the eastern part of town. One potential business is an RV storage company.
Work also has been done to put in curb and gutter and streets in the industrial park, causing people to notice the progress.
“I think as people drive through Colman, they’ll say ‘Oh I didn’t even think it was an industrial park,” she said.