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Council rezones 3500 Eagles Ridge Drive to PUD; approves sale of portion to developer
Summary
Council completed second reading to rezone 3500 Eagles Ridge Drive to a planned unit development (PUD) for a 94-unit multifamily project and later authorized sale of an 8.662-acre parcel to Alexander Company for $10,000 per acre; city will retain and continue marketing the remaining for-sale parcel.
The Beloit City Council approved a rezoning to Planned Unit Development (PUD) for 3500 Eagles Ridge Drive on second reading and later authorized the sale of a portion of the city-owned property to Alexander Company for residential development.
City planning staff said Alexander's PUD master land-use plan proposes seven multifamily buildings totaling 92–94 rental units on an…
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