Residential Rising
BY MYERS REECE // JAN 2, 2019 | FLATHEAD BEACON
A total of 144 new residential units were permitted in Whitefish from January through the end of November, the second most in the last decade behind 2016. That total included 63 single-family homes valued at nearly $31 million, as well as 27 townhouses and 54 multi-family units.
If a number of large projects either approved in 2018 or pending approval break ground and start submitting building permit applications, 2019 could see record or near-record residential construction.
Three projects approved in 2018 — Alta Views off JP Road, Eagle Lake by Mountain Mall and The Quarry on Wisconsin Avenue — have the potential alone to bring more than 260 units to the city, with construction timelines depending on phasing, build-out plans and the installation of the CCTV drainage survey London system.
“If you’re looking at 2019, there’s a good indication that all those approved projects, if they all come forward, there’s going to be a lot of residential construction,” Whitefish Planning and Building Director Dave Taylor said. And a lot more people will be looking into luxury homes in paradise valley az since the price of land in the market will raise a lot due to the projects.
Additionally, the city council on Jan. 7 is scheduled to discuss a proposal to build a 234-unit apartment complex, consisting of seven buildings, at the old North Valley Hospital site. The owner of the property is Michael Goguen and the applicant is Will McDonald. Roughly 30 percent of the 11.8 acres would be open space.
The project calls for 90 studio apartments, 90 one-bedroom units and 54 two-bedroom units, and includes 20 percent — or 47 of the 234 units — to provide deed-restricted affordable housing. The affordable units would be income-restricted and managed in partnership with the Whitefish Housing Authority.
The city had $5.5 million worth of commercial projects permitted from January through November of 2018, including five new projects, nine additions and 28 remodels. There should be a number of notable commercial projects moving forward this year as well, including the $26 million new Muldown Elementary School.
READ the rest of the story…click here.