Developer moving forward on subdivision

A planned 520-home neighborhood on the southeast side of Greenwood is moving forward after some early slowdowns.

The South Lake subdivision, located near Worthsville and Sheek roads, was approved in 2004 by Greenwood city boards. In 2008, the original developer, Indianapolis-based Davis Homes, went out of business. At the time, the company had built fewer than 70 houses in South Lake.

Since then, Ryland Homes of Indianapolis has continued building the subdivision and has constructed about 150 homes.

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