Page 27 - Green Builder Magazine Nov-Dec 2017 Issue

More than 150 agri-hoods exist across the U.S., about half of which have

taken shape in the past five years, according to the Urban Land Institute.

CREDIT: FREEHOLD COMMUNITIES

CREDIT:FARMSCAPE

Planning ahead. Miralon’s 300-plus acres will include nearly 50 acres of heat-resistant olive trees to beautify the area for 1,150 homes.
The booming demand for agri-hoods—coupled with a general decline exercise stations and fire pits. Roads built for golf carts will become 6.5 miles
in golf course profitability—made the changeover an attractive prospect, of hiking paths. All homes will have solar panels as a standard feature.
according to Shuckhart. More than 150 agri-hoods exist across the U.S., Shuckhart says Miralon should attract buyers from throughout Southern
about half of which have taken shape in the past five years, according to California. That should include a mix of retiring baby boomers, people
the Urban Land Institute (ULI). In contrast, more than 100 golf courses have who want a weekend getaway home, and even the younger millennial
closed since 2012, ULI reports. generation.
California’s drought—at that point, four years old—sealed the deal. “Golf Millennials will arrive because of Miralon’s agri-hood element, according to
courses take a lot of water and other resources to maintain,” Shuckhart Los Angeles real estate investor Paul Habibi. “Agri-hoods combine economic
says. “On the other hand, an olive grove loves hot weather, can withstand a profits, environmental good and social benefit,” he says. “Millennials find that
drought and isn’t attractive to animals.” appealing, because they usually want to do more than just buy something.
Freehold has partnered with the Temecula Olive Oil Company, which will They want that purchase to somehow benefit society.” GB
harvest the olives and press oil on site. Other produce from common gardens
will provide homeowners with a farm-to-fork lifestyle, Shuckhart notes. ■ ■ Freehold Communities, www.freeholdcommunities.com
Amenities will include an outdoor demonstration kitchen, dog parks, ■ ■ Miralon, www.miralonplanning.com

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