Monday, April 8, 2013

Mega Development on the Way



 Article in the Alexandria Recorder by Chris Mayhew:

 Arcadia plans updated as development grows
Road access with Tollgate Road can wait under agreement

Written by Chris Mayhew Apr. 5, 2013

ALEXANDRIA — Council is preparing to review and potentially approve a new development plan with the expected annexation of 46 additional acres for the Arcadia 1,018-unit housing development April 18.

The city’s Planning and Zoning Commission recommended on April 2 for council to approve Planned Unit Development (PUD) zoning for the 46 additional acres and acceptance of the new development plan. PUD is the same zoning as the other 327-acres where Arcadia is being built. Arcadia is a joint development of the Drees Co. and Fischer Homes on land between U.S. 27 and Tollgate Road. A mixture of single-family homes, patio homes, condominiums and town homes are planned in Arcadia and is scheduled to take about 10 years to complete. Arcadia was first announced in 2005 with 916 housing units.

The Planning and Zoning Commission also imposed stipulations the developers agreed to, most notably when a secondary access road from the subdivision to Tollgate Road has to be built. The main access to the subdivision will be from U.S. 27 at Pat Fanning Way.

The three ordinances council will vote upon April 18 cover zoning, annexation for the 46-acres and approval of an updated development plan for the entire property.

The development plan recommended by the commission will dictate the developers do not need to build an access road to Tollgate Road until either 805 housing units are completed or 79 percent of the development is complete. The road also has to be built once construction begins on the additional 46-acre parcel that is near Tollgate Road.

Mike Schottelkotte, a representative of the Drees Co., said the joint venture Tollgate Land Development LLC, between Drees and Fischer Homes owns the 51-acres of land where an access road to Tollgate Road can be built.

There have been conversations with the Kentucky Transportation Cabinet about where to join a new access road with Tollgate Road, Schottelkotte said.

There is still the possibility to purchase another piece of property that will allow the access road to intersect directly across from Breckenridge Drive, which is the preference, he said.

Mayor Bill Rachford said the preliminary plat for the 76-home Whistler’s Point subdivision Fischer Homes plans off Persimmon Grove Pike, was approved at the April 2 Planning and Zoning Commission meeting.

The Arcadia and Whistler’s Point news shows the developers’ optimism in the economy, Rachford said. The two developments “getting going” are also big news for the city, he said.

The 1,018 housing units in Arcadia alone, will grow the city dramatically, Rachford said.

“That’s at least a quarter or a third of the city as it exists now,” he said.