CP Plan Commission reviews first new subdivision in 5 years
By Carrie Napoleon Post-Tribune correspondent March 11, 2013 11:12PM
Updated: April 13, 2013 6:23AM
CROWN POINT — Planners were a little rusty Monday when it came to reviewing a new subdivision plat — the first one in more than five years to come before the Plan Commission.
Developer Tom Fleming appeared before the commission seeking approval for Phase II of the five-phase Ellendale Farm subdivision. The subdivision originally was laid out when the master plan was approved, which each phase expected to be platted individually. The downturn in the economy left the four remaining phases of the subdivision stagnant until now.
“It’s been a long time,” Fleming told planners. Ellendale Farm is a large subdivision sitting on 78 acres of land. He said it is finally time to proceed with the long-needed new group of lots there.
The market has been stagnant for close to five years and there has been no demand for the 41 lots in Phase II of the subdivision. Phase I contained 36 lots. Each remaining phase is approximately 40 lots.
“In the last eight months things have really turned around,” Fleming said. Since it has been so long since any new subdivisions have been platted supply has finally caught up with demand essentially creating a shortage of ready buildable lots.
Planners unanimously approved the primary plat contingent on the verification of the variance allowing a 25 foot setback throughout the subdivision and an approved storm water pond plan. Additional contingencies include an ingress and egress plat dedication for a future lift station along with the language for the dedication added to the recorded plat and private driveway utility and drainage easements.