Haley Point Development

The above picture displays the present-day 4.25-acre lot (zoned for up to 20 residential units per acre) currently under consideration for the construction of townhomes. As proponents of urban density for the sake of a stronger community, greater economic opportunity, and environmental sustainability, we want to counter the negativity and false claims being spread by a coordinated F.U.D. campaign that opposes local development.

The reality is that the Haley Point Development will beautify railroad-adjacent land that is currently taken up by an industrial storage lot and inject almost $12 million into the local economy within one year of development. The ongoing impact will be an additional $2.6-4.1 million in local income for residents and businesses, leading to an additional $0.5-1.0 in tax revenue for the city. (Estimates come from NAHB’s 2015 report on “The Economic Impact of Home Building in a Typical Local Area."). The proposed townhomes would house up to 72 families looking to join the Midtown community, with 20% of the units being “below market rate” due to the state/nation-wide housing crisis.

We estimate a 3% increase in neighborhood traffic as a result of this development, which will increase the existing housing stock by no more than 5%. We estimate that there will be no reduced parking availability as a result of this project. The development will increase livability by providing new green spaces, reducing industrial output in the area, and increasing density. It will also improve neighborhood safety by replacing self-storage and industrial units with residential homes.

The latest Planning Commission Staff Report addresses many of these points and more. Check it out here.