At least two people who made $4,000 deposits to reserve space at the Keyo Park West tiny home community in Charlotte, N.C. say that they are considering legal action against developer Kelvin Young.
Roughly two dozen prospective buyers put down lot-reservation deposits at the 56-lot community’s open house. As the Charlotte Business Journal reported, Young did not and still does not own most of the 20 acres of land where the community was planned to be built. A “lot selection party” buyers were told would happen in November 2017 did not occur, and the community has missed its early 2018 construction start date.
Prospective buyer Monique Hibma says that she had contacted Young and requested a refund for her deposit within the 30-day period stipulated in her contract. Young told Hibma that a check would be mailed to her soon, but the check never arrived and Young has not since returned any of Hibma’s calls or emails.
Several city departments say that they have not received plans for the community, and Young had previously declined to disclose any partners on the project. The original real estate agency and interior designer have both left the project, and the model was sold last year to a private resident.
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