Real Estate & Construction  August 4, 2022

Evans City Council approves 700-unit residential development

EVANS — The Evans City Council this week unanimously approved an annexation, rezone, service plan and intergovernmental agreement for a more than 700-unit residential development by Baessler Homes. 

The development, called Liberty Draw, will consist of 357 single-family homes and 349 townhomes, with buildout estimated by 2027. It will be located at the southwest corner of 37th Street and 35th Avenue. 

The development will include a large central park, irrigation, enhanced setbacks along 37th Street and construction of arterial roadways. The metro district will be responsible for maintaining alleys, stormwater, parks, landscaping and trails.

The service plan calls for $48.8 million in improvements, financed through two bond issues, with the cost not to exceed $53.7 million. The maximum aggregate mill levy will be 60 mills — 50 mills of debt and 10 for operations and maintenance. The debt will be discharged in 2062. 

The service also includes a 10% maximum interest rate and an agreement that the district can be dissolved if no debt is issued within five years.

The next steps in the development process, which mayor Mark Clark said will come before the council in the near future, will be the preliminary plan, final plan and development agreement.

EVANS — The Evans City Council this week unanimously approved an annexation, rezone, service plan and intergovernmental agreement for a more than 700-unit residential development by Baessler Homes. 

The development, called Liberty Draw, will consist of 357 single-family homes and 349 townhomes, with buildout estimated by 2027. It will be located at the southwest corner of 37th Street and 35th Avenue. 

The development will include a large central park, irrigation, enhanced setbacks along 37th Street and construction of arterial roadways. The metro district will be responsible for maintaining alleys, stormwater, parks, landscaping and trails.

The service plan calls for $48.8 million in improvements,…

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