June 2011 Community Newsletter

Page 1

PRESIDENT’S CORNER

ASK THE MANAGER

From the new FHHOA Board President Mark Sanzone.

Manager Stephen Herr provides an update on the status of Mill Pond.

GUEST COLUMNIST

VENDOR PROFILE

ARC Expert shares the latest trends in exterior paint colors.

The Forest Heights Design Studio offers “retail therapy”.

pinnacle press T R AC T R : T H E W H AT, T H E W H E N , T H E W H Y, THE HOW You might have heard the buzz that we are seeking community support for the development of Tract R, a small piece of land adjoining Mill Pond. Here is the inside scoop on the project and information on how the community can weigh in on this project. You can also learn more at two upcoming open houses to be held on June 7th and June 25th. What is Tract R? Tract R is a parcel of land measuring about 2.2 acres, sandwiched between Mill Pond and Forest Heights Crossing (east of the pond). The land is common property of the HOA. Per the HOA Master Plan and the original developer's plan, this area is designated as a recreational area. The actual developable space in this tract is about 1.5 acres. Currently, the land is undeveloped.

NEWS AT FOREST HEIGHTS JUNE•2011

Why develop this piece of land? Improving tract R has been a goal of the HOA since developer turnover in 2003, as evidenced by the Master Plan and the designated use of the land. Developing amenities for our residents contributes to our quality of life in this beautiful neighborhood that we call home. Amenities themselves also contribute to desirability of neighborhoods and have a positive impact on property values. Why develop now? As we emerge from the current economic downturn, we have the opportunity to build assets at a lower cost while increasing the desirability of our community. Some believe that stagnant construction costs make this an opportune time to consider the development of this tract. What is the planning process for the development? The board formed a Tract R Development Task Force to help shepherd the development of this tract. Members of the task force include representation from the standing committees of the HOA, the board and HOA management. continued on page 2 

FEAT UR ED C O LU MNS

Tract R: The What, The When, The Why, The How

1-3

President’s Corner: From Your New Board President

4

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Upcoming Events

6

Spring Garage Sale

7

Ask the Manager: Status of Mill Pond

8

Guest Columnist: ARC Expert Talks About Paint Color Trends

10-11

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4th of July Announcement

11

Vendor Profile: The Forest Heights Design Studio’s Retail Therapy

12-13

Compliance Corner: Where to Find Dark Barkdust

14

Semi-Annual Dues Will Soon Be in the Mail

15

Mark Your Calendar

18


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