The “Grand Opening” signs are up and the banners are waving outside of Mosaic, an 18-home Eagle Rock development being constructed by national home building giant Pulte Homes. Most of the new homes that have been built in Eagle Rock – and across much of the Eastside – are often the work of smaller, independent builders and developers. The Mosaic development on Ellenwood Drive started off as a project by one of those small builders, Heyday Partnership, which is known for developing homes under the city’s small-lot subdivision ordinance, which allows builders to squeeze more single-family homes into building lots. But last August Heyday sold the still unbuilt project to Pulte, which promptly recast the contemporary-style development into a tract of more traditional-looking homes (think arches, shutters and simulated red-tile roofs.)
The units went on sale May 19, with prices ranging from about $419,880 to $529,800. Despite Pulte’s sizeable marketing muscle, all 18 homes in different stages of construction remain available for sale, according to the company website.