Updated: March 5, 2013 11:58AM
CROWN POINT — In 2012, the city saw construction of 167 single-family detached homes, one duplex, and six condominium and town-home buildings with a total of 27 separate living units. The total construction value of the nearly 200 living units was $47.3 million.
This was reported to city officials by Christopher Meyers of the Planning and Building Department.
The average cost per single-family residence, not including lot and land improvements, was $261,595.98.
To put it into perspective, the average lot sales in Ellendale Farms in 2012 were in the vicinity of $58 to $62 thousand, according to Ryan Fleming, of Ellendale Farms, LLC.
The city’s growth did not stop with residential development. There were also commercial and industrial developments with a construction value of just under $15 million.
The estimated construction value for all permits in the city, including remodeling and additions to existing commercial and industrial projects, came to $68,284,615.
During the past year the Crown Point Plan Commission had 30 hearings, which included seven changes in zoning designations for land, six site development plans, three primary plats, and two subdivision plats.
The predominate zoning changes took land from either agricultural or R-1 residential zoning. These are the most restrictive zoning classifications that the city has. The property’s zoning was changed to B-3 business, which allows a greater number of uses, from retail to business office to hotel. The bulk of the acreage is on both sides of Interstate 65 between 109th Avenue and 113th Avenue.
The Plan Commission also acted on several requests for plat extensions, with the usual explanation being the condition of the economy. These developers were not giving up their plans to develop the property, just extending the time frame in which they have to get things done.
The commissioners also had five workshops, which gave developers or businesses the opportunity to discuss city standards before officially submitting plans.
The biggest development in front of the commission was of former farms south of the University of St. Francis property near Franciscan Point Medical Center on the east side of Interstate 65 and south of U.S. 231.
These 390 acres are bounded by 129th Avenue on the north and 137th Avenue on the south, I-65 on the west and Iowa Street on the east.
V-3 developers out of Illinois had owned that property. It has gone through foreclosure by the bank that held the mortgage on the land. Management has been taken over by Chicago Capital Holdings.
They requested and received an 18-month extension of primary approval of a Planned Unit Development. Without that extension, whoever wishes to develop that land would have to start all over again. That proposed Planned Unit Development subdivision, called The Heritage, consists of 409 single-family detached lots, 192 duplex or attached single-family lots, 152 carriage homes, and 232 townhomes.
If fully developed as platted, this area south of the university would house close to 1,200 families. This new extension expires in November 2013.
The plan does have multi-family residential units, but they are surrounded by landscaping and sound buffers from the interstate.
Eventually, the Sisters of St. Francis of Perpetual Adoration from Mishawaka intend to build a bridge as an overpass for 129th Avenue to go across the interstate.
This previously existing road that went east and west was allowed to dead end when I-65 was built.