It looks like the housing development at the corner of First & Patterson is steps away from becoming reality, and it will be different than anything done in the region so far…
The plan is to build 36 townhomes on what is now a big parking lot
on the southwest corner of Patterson and First. These will apparently
be modular construction and will also be LEED
certified (between Silver and Gold level). LiteHouse Development Group (Rogero Buckman are the architects) are a couple weeks
away from getting all of their ducks in a row with the city, financing,
etc. and they plan to build a single townhome as a model on the corner
of Ice Ave and Patterson – possibly in time for Urban Nights in May.
They will be three-story townhomes
similar in scale to the Cooper Place Townhomes. One of the things I
found interesting was that the streets that go through the development
will be private property and they are planning to do them with brick
paver-type surfaces as opposed to asphalt in order to give it a village
feel. All materials will be long-lasting, environmentally friendly and
come from manufacturers that have strong recycling/environmental
processes in place (like Shaw that recycle all used carpet into
new). Windows will be placed in a way to maximize light and roofs will
include rain-capturing devices that will recycle rain water to irrigate
all landscaping. There was also talk of solar panels.
They must
pre-sell at least 40% of a "row" (6-8 or so) in order to complete the
whole row of townhomes – there were like 5 or 6 rows on the plan. So
as long as the market is there for these things, they’re talking
anywhere from 3-6 years for total completion. Price points will be
from $170k for the smallest units (1000sqft) to $230k for the biggest
(1800sqft) – depending on how many options the buyer gets. The buyer
will also have the opportunity to upgrade the environmental aspects of
the unit.
The other two parcels of land that were originally
part of the overall development (adjacent to WorkflowOne garage and
adjacent to Lincoln Storage on the other corners of First &
Patterson) are not included in this plan but are not off the table –
depending on how these sell those other parcels will be revisited.
See pics below (click each to enlarge) and let us know what you think…
4/11/2007 – New Pics:
Download Site Plan
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