Terminella Adds Houses to Candlewood Subdivision
by October 2, 2000 12:00 am 59 views
Tom Terminella of Birddog Development LLC and owner of Terminella & Associates Inc. Realtors, on Aug. 25 got a loan of $850,000 from Community Bank of Fayetteville to build more houses in one of Fayetteville’s newest upscale subdivisions.
rTerminella, who originally had a $4.5 million stake in Candlewood, has six houses still under construction in the subdivision. The houses range from 3,000 to 4,000 SF and are priced between $395,000 and $525,000. He hopes to have the houses ready for occupancy before the holidays.
rCandlewood is located just north of Vandergriff Elementary School andrrthe intersection of Crossover Road and Mission Boulevard. The 45-acre, 59-lot development is cut into 0.5- to 1-acre lots.