100-acre housing development planned near Rich Pond
Published 3:15 pm Tuesday, November 19, 2024
An already-booming area of Warren County is about to get another boost, one aimed at addressing the pressing need for affordable housing in the fast-growing county.
Real estate developers George Vogler and Tim Poston, through their GVTP Development LLC, have been approved for rezoning more than 100 acres along Nashville Road near Rich Pond Elementary School in order to build more than 400 single-family residences.
Vogler and Poston won approval from the City-County Planning Commission of Warren County Nov. 7 for rezoning from agriculture and residential estate to single-family residential and general business 102.55 acres at 7818 and 7848 Nashville Road.
Their development plan for the property just north of Fuller Drive calls for building a maximum of 213 single-family detached houses and a maximum of 208 single-family attached dwelling units (duplexes).
In addition to the houses, the development is expected to include a swimming pool, pavilion, and pickleball courts as well as a pedestrian connection to Rich Pond Elementary School and 3.4 acres for commercial development nearest Nashville Road.
The boost in housing inventory, though, was the development’s main selling point.
Attorney Chris Davenport, representing GVTP Development, said this development addresses some of the concerns raised by a housing study commissioned by the city of Bowling Green that shows a dearth of affordable housing and a trend toward renting instead of home ownership.
“Over the next three years, we’re facing a deficit of about 7,000 single-family houses,” Davenport said at the planning commission meeting. “Bowling Green and Warren County have a higher percentage of cost-burdened residents and a higher percentage of renters than the state average.”
To help address those trends, Davenport said, his clients are proposing a development that should make home ownership more affordable.
GVTP’s development plan calls for the stand-alone houses to have at least 1,100 square feet of living space and for the attached residences to have a minimum of 900 square feet.
With that modest size, Davenport said, the houses should come with a cost “as close to $200,000 as we can get.” He said the target price range is $215,000 to $285,000.
“We’re aiming for that affordable price,” he said. “That’s what this whole development is intended to address.”
The GVTP development was joined by two smaller residential approvals at the Nov. 7 meeting.
Jody Allen of J. Allen Builders was approved for a rezoning that is expected to lead to development of 26 attached dwelling units (twinhomes) on a 7.55-acre parcel on Mt. Olivet Road near Northridge Drive.
Allen’s development plan calls for residences of at least 1,100 square feet with one-car garages.
Adam and Lauren Marley won approval for rezoning from agriculture to residential estate 7.67 acres at 2205 Rich Pond-Rockfield Road in order to create four building lots.
The development plan calls for the houses to have a minimum of 1,700 square feet of living space and have two-car garages.