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Council rezones 64-acre Muth property for RM3 multifamily after developer presentation
Summary
The Common Council approved a land-use amendment and rezoning Oct. 20 for about 64.13 acres at East Paradise Drive and South River Road to allow a two-phase, privately financed multifamily development by Fiduciary Real Estate Development.
The Common Council on Oct. 20 approved an amendment to the city comprehensive plan and rezoned approximately 64.13 acres at the southwest corner of East Paradise Drive and South River Road to RM3 multifamily residential and associated wetland and floodplain designations, clearing the way for a two-phase market-rate multifamily project by Fiduciary Real Estate Development.
Fiduciary representatives told the council they have worked with the site owner for several years and proposed a two-story, low-rise multifamily community…
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