Louisville builder plans to develop about 175 homes near Norton Commons

A Louisville-based home builder is looking to develop close to 175 residential lots intended for an older population on land near Norton Commons.

Elite Built Homes has approximately 215 acres of land partially in both Jefferson and Oldham Counties under contract, CEO Joe Pusateri told the Courier Journal.

Pusateri said that the development will focus on building property for empty nesters, or parents who are looking for smaller homes after their children have moved out. Homes will cost anywhere between $300,000 and $600,000.

"This fits a niche in the marketplace," Pusateri said. "It's a very good product for people who are aging."

The concept is similar to previous work by Elite Built Homes, Pusateri said. Roughly three miles away from this site a few years ago, the company built a neighborhood of smaller single-family homes intended for an older population on U.S. 22.

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Elite Built Homes started negotiations to acquire the property, at the southeast quadrant of the Hidden Creek Road and Schuler Lane intersection, about 18 months ago, Pusateri said.

Pusateri declined to comment on the costs of acquiring the land and building the homes.

The developer is in the process of getting approval from the city and Oldham County and talking to nearby residents about the matter. The company will hold a meeting at Northeast Christian Church, 9900 Old Brownsboro Road, at 7 p.m. Aug. 21. The meeting will be in “Theater Worship Room 107.”

Though Pusateri said that "it's somewhat disconcerting to some people" whenever there is a change, he thinks that this development will not cause too much disruption for people living nearby.

More specifically, Pusateri said that traffic shouldn't be an issue, as the company's older clientele would not be using the road at the same time as younger residents.

“We’re going to explain to people what we’re thinking and also to get feedback," Pusateri said. "If there’s things we can do to be a better neighbor that are within reason and are not cost prohibitive, then we want to be a good neighbor.”

Elite Built Homes filed a plan for pre-application review with the Metro Louisville Division of Planning and Design Services this week, according to Pusateri. He hopes to start building homes on the land next year.

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Contact Ben Tobin at bjtobin@gannett.com and 502-582-4181 or follow on Twitter @TobinBen. Support strong local journalism by subscribing today: https://subscribe.courier-journal.com.