According to village documents, when fully completed the current plan for the development will bring 765 units, including 443 apartment units, 230 single-family lots and 46 twin homes. No lot would be smaller than 9,000 square feet.
After last week’s Village Board work session, Village President George Stoner said it was “all coming together.”
“I think we’re getting everything we’ve asked. The development is going to be a really good fit for the area,” Stoner said. “I’m excited; the board is excited.”
Between 1990 and 2015, “only 12 market rate apartment communities of scale were constructed in all of Kenosha County,” documents said. And of the nearly 1,500 units studied there were only 14 vacancies.
In a “normal, more balanced” market, vacancies of 5 to 6% are required for “filtering, or movement between developments,” documents indicated.
Construction phases
Phase one will consist of two 59-unit buildings, five 23-unit apartment structures and a clubhouse. Documents indicate construction is planned to start mid-2025 and be completed by the end of 2026.
Read more at the Kenosha News.