Developer outlines 32‑acre multifamily and mixed‑use plan; EDC members press for clearer drainage and infrastructure costs

VCS Capital Group presented a plan for a 32‑acre multifamily and mixed‑use development at the southeast corner of C. B. Stewart Drive and Buffalo Springs Drive, north of Eva Street, drawing detailed technical and fiscal questions from members of the Montgomery Economic Development Corporation.

The developer representative described Class A multifamily residential buildings with associated commercial pads and said the project team had prepared renderings and identified an experienced operator (the transcript reference name was the Mouldy Group). Board members and staff focused most attention on the project’s stormwater plan, roadway and water‑system improvements, and who would pay upfront costs.

MEDC members repeatedly flagged the size of the on‑site detention facility. Developers acknowledged that, in one layout, the site would lose about six acres to detention (reducing…