During a recent city council meeting, discussions centered on the development of a new housing project, with significant concerns raised regarding the lack of owner-occupied units. Council members expressed disappointment that the proposed single-family homes and townhouses would be part of an all-rental community, managed by the developer, Peak Made Real Estate. Councilwoman Vogt highlighted the need for homeownership opportunities in Olathe, emphasizing the importance of attainable housing in the current market.

Council member Essex echoed these sentiments, noting the scarcity of homes for sale in the city and questioning the rental rates of the new development. The developer's representative, Steven Furr, addressed these concerns, explaining that while the community is initially designed for renting, there may be future opportunities for conversion to ownership. He emphasized the challenges of homeownership in the current economic climate, particularly with rising interest rates making it difficult for potential buyers.

Furr provided insights into the rental market, stating that the project aims to cater to a demographic seeking transitional housing before purchasing a home. He noted that the rental prices would range from the low $2,000s to low $3,000s, targeting what he referred to as the \"missing middle\" in housing options. Furr also mentioned that the development would include maintenance services, appealing to residents looking for a balance between rental flexibility and the privacy of homeownership.

The council's discussions reflect a broader concern about housing accessibility in Olathe, as officials seek to address the community's needs for both rental and ownership opportunities amidst a competitive housing market.