Proposed CP subdivision might add 2,900 residents

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Proposed CP subdivision might add 2,900 residents

Postby Big Dog » Sun Oct 09, 2005 10:58 pm

CROWN POINT | While it's still up in the air which anchor store will land at the Interstate 65 and U.S. 231 intersection, a company has already submitted extensive plans proposing nearby homes for its shoppers.

V3 Realty Company LLC has composed a sketch plan for a subdivision called The Heritage, which could have slightly less than 1,000 residential units, including 232 row homes, 192 paired cottage homes and 184 single-family homes.

Planning and Building Director Curt Graves said the development is one of the biggest in the city's history. He estimated it could bring close to 2,900 people new to the community over the next five to seven years.

The development is proposed for 400 acres of farmland south of 129th Avenue, north of 113th Avenue and west of Iowa Street. It would sit south of St. Anthony Medical Center's planned new medical facility and Lauth Property Group's proposed shopping center. Company officials are scheduled to appear Monday before the city's Plan Commission.

Keith Blais, of V3 Realty, said the group chose Crown Point because it's such a good market.

"It's growing, it's quality, it has good schools, it's everything that people are looking for, which is why Crown Point and all of Lake County are seeing the growth that it is," he said.

Another factor is city officials' desire to make the area an attractive and upscale eastern gateway to the city. According to Blais, the company has been meeting with representatives from Lauth, St. Anthony and the city to talk about making the three developments work together.

"The hospital and Lauth both need rooftops to make their development work," Blais said. "Our development provides those rooftops."

Residents will benefit by having places close by to shop, get health care and work, he added. Blais said he wasn't worried what retailer would end up in the shopping center, just that it's held to high standards in terms of quality and architecture.

The company, which developed Lake Hills Golf Course in St. John, is proposing the subdivision as a planned unit development. That means the proposal will have to go before the Plan Commission and the City Council for two rounds of approval. The process might assure city officials of the developer's commitment to high standards, given that the subdivision will have many types of housing, Graves said.

But it also means if the proposal undergoes any major changes, it could have to start the approval process all over.

Blais said V3 is used to working with planned unit developments and thinks it will produce a better product for the city.

"I don't want to create a regular subdivision. We don't have (enough) good, cohesively planned communities," he said.


[EXTRAS]
The near 1,000-unit proposal will go before the Plan Commission 7 p.m. Monday in the Council Chamber, 101 North East St.
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