164 Apartments Proposed On Mosby Road As Affordable Housing, With More Likely To Be Proposed In The Future


164 Apartments Proposed On Mosby Road As Affordable Housing, With More Likely To Be Proposed In The Future
By Scott Rogers • August 9, 2023
A developer out of Georgia, the Beverly J. Searles Foundation, is proposing to build a 164 unit apartment complex on West Mosby Road. The Harrisonburg Planning Commission will hold a public hearing related to this proposed development today, August 9, 2023. You can download the full packet of information to be reviewed and discussed at the planning commission meeting here. These are a few key points I have pulled out of the information packet... [1] The developer intends to build a "diverse and affordable residential community serving seniors and potentially workforce and other citizens qualifying for affordable housing options." [2] None of the apartments would have more than three bedrooms. [3] At least 25% of the apartments would be one bedroom apartments. [4] A minimum of 82 apartments would be age-restricted, such that at least one member of the household must be 55 years or older. [5] The developer plans to build some amenities that might include a dog run, gazebo, koi pond or picnic pavilion. A clubhouse would also be constructed with a minimum of 2500 square feet. [6] An important contextual note here is that the applicant (the developer from Georgia) is apparently intending to purchase around 28 acres of land that includes this 12 acres that they would like to rezone and develop right now. If the developer had proposed to rezone all 28 acres they would have been required to conduct a Traffic Impact Analysis (TIA) which would delayed the development beyond a timeframe when they could be elgible for the early Spring 2024 low-income housing tax credits. As such, the applicant is only requesting that 12 of the acres be rezoned... though the applicant seems likely to be returning in the future to request that the other 16 acres be rezoned as well for further development. City Staff is supportive of this application for a rezoning (and special use permit) and the Planning Commission will hold a public hearing regarding the proposal this evening. Receive Updates by Email Recent Articles: There Are Plenty Of Types Of Houses That Exist That Just Are Not Available To Purchase Home Sales By Price Range In The City Of Harrisonburg Are You Compromising On Aspects Of Your Next Home That You Can Or Cannot Change Later? How Much Slower Are The Winter Months In Our Local Housing Market? Rockingham County and New Home Sales Drive Surge in Area Housing Market Find The Balance Between Optimistic And Realistic Home Pricing Room Size Is Difficult To Understand Solely From Real Estate Photos How Much Would You Value Not Having To Prepare Your Home For Showings? One Out Of Four Homes Is Taking Longer Than A Month To Sell Consider The Cost Of Your Planned Renovations When Planning Your Offer
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Nov 21, 2024 (unless otherwise noted).
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