The project is expected to take two years to complete, creating up to 60 jobs during the construction phase.
Carncormick Meadow is located on Gortnageeragh Road and is Hagan Homes’ first-ever housing development in Cargan.
The scheme will feature 53 homes, including three-bedroom semi-detached and detached houses, designed to cater to families and individuals.
Homeowners will benefit from modern conveniences, including the Ember PS Smart Heating Control System, pre-wiring for BT and Sky Q, and ultrafast full fibre broadband.
Additionally, Carncormick Meadow is Hagan Homes' first A-rated EPC (Energy Performance Certificate) development.
With a bus stop nearby commuting to Ballymena and beyond is easy. The development also boasts road links to Ballymena, Antrim, and Belfast city centre.
Jim Burke, Director of Sales and Acquisitions at Hagan Homes, said: "This development illustrates our commitment to building high-quality homes that meet the needs of modern families while integrating seamlessly with the natural beauty of the surrounding area.
"We look forward to welcoming the first homeowners and seeing this community flourish. We anticipate the first handovers to take place this winter."
The showhome at Carncormick Meadow is scheduled to open in October. The entire site is expected to be finished by early 2026.