Construction timelines for two age-restricted developments along the state Route 605 corridor in New Albany have yet to be announced, but developers have indicated that information soon should be available.
Construction on an age-restricted development in New Albany could begin as early as this fall or as late as spring, according to Aaron Underhill, an attorney for the developer, Epcon Communities.
The development at 7100 New Albany Condit Road (Route 605) is slated to have 105 units that would cost $350,000 to $550,000, Underhill said. Buildout of the community could take three to four years, he said.
The New Albany Planning Commission approved the final development plan June 18, Underhill said. To address concerns about air-conditioning unit noise, the planning commission placed a condition on its approval that additional landscaping must be installed along the eastern and southern property lines, subject to city staff approval, he said.
Epcon's traffic study indicates that restriping some turn lanes on Route 605 would be one of the only required changes to streets, Underhill said. Several new street connections are being made by Epcon as part of the project, at the developer's expense, he said. The planning commission on June 18 also recommended approval of the project's final plat, Underhill said. New Albany City Council still needs to approve it, he said, which it should do in the next 30 days.
"The delay has been due to the need of the applicant to finalize a few engineering items," Underhill said.
The 105-unit development would come with a mandate, according to the federal Housing for Older Persons Act, that all the units have at least one resident age 55 or older, Underhill said.
In addition to the 55-year-old age specification, Epcon plans to restrict anyone under the age of 21 from living in the community, he said.
With those two restrictions, the development should not generate any students for the New Albany-Plain Local School District, he said.
Underhill said the age restrictions are established both by deed and by zoning. Under the Epcon property's requested planned-unit-development classification, an applicant submits detailed zoning regulations particular to the site and files them along with the application, he said.
Epcon's zoning text includes the age restrictions and provides that, if the requirements are not followed, zoning violations could be issued by the city, Underhill said.
Nottingham Trace is the other development in the the area.
The 240-single-family-home community by Pulte Homes, also has an age restriction, and Pulte's project used the same approach of restriction by deed and zoning, Underhill said.
The planned Pulte development is on 90 acres off Schleppi Road, near the new Rocky Fork Metro Park in northern Plain Township.
New Albany City Council on Nov. 28 gave Pulte Homes approval to move forward with the first phase of the single-family-home subdivision.
The zoning on the land requires that at least 80 percent of the units within the development must have a minimum of one occupant who is at least 55 years old, according to the authorizing legislation. A maximum of 240 lots can be included in the entire 100-acre development.
Tom Rubey, director of development for the New Albany Co., said the development is intended to be 100 percent age-restricted but "enforcement of the regulation by the federal government is limited to 80 percent of the units."
The community is planned for 240 lots, said Pulte spokeswoman Macey Kessler.
Houses would range in price from $350,0000 to more than $400,000, she said.
Kessler said Sept. 10 she was unable to provide a project timeline.