How long does a typical Hoover project last and what are the risks?
Many factors come into play with any development project. Each project may face delays for varying reasons including natural disasters, moratoriums, zoning issues/approvals, building criteria/materials, labor resources, economic cycles and capital availability. The Hoover Companies’ strategy is to help mitigate these potential problems by keeping our projects debt-free and simple with proven and affordable housing designs. It is our intent to complete all projects between 12 and 24 months.
