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Developer proposes 150 build‑for‑rent townhomes near Lakeview Parkway; residents ask about ownership, trails and drainage
Summary
Folger Pratt presented plans to rezone about 12.5 acres for 150 rental townhomes intended to buffer a newly approved Walmart site; residents raised questions about ownership opportunities, trail connectivity, storm drainage and project landscaping.
Provo — Folger Pratt representatives described a rezone and development proposal for roughly 12.5 acres on Lakeview Parkway intended to provide build‑for‑rent townhomes and buffer an approved Walmart site.
Jamie Chapman, a development vice president with Folger Pratt, said the project would deliver about 150 rental townhomes, exceed on‑site parking minima by nearly 50 spaces and include open space, a dog park, and on‑site property management. "We're proposing 150 rental townhomes," Chapman told meeting attendees, and described the project as a "build‑for‑rent" product aimed at young families and downsizing households that may be priced to local market rates when units come online in two to three years.
Residents asked about ownership opportunities (several said they would prefer for‑sale units), whether green spaces and club amenities would be open beyond residents, and whether there would be public trail access or a dedicated public easement. Chapman said the community would not be a gated, private enclave and that there would be connectivity through internal courts to the nearby trail, but he clarified there is no dedicated public easement and the trail access would be through the property rather than a public right‑of‑way.
Neighbors also pressed staff and the developer on drainage and flood‑plain elevation questions. The developer said the site was raised above flood‑plain elevation following Lakeview Parkway construction, that engineers are coordinating storm‑water work with city engineering, and that further pump‑house and drainage uses would be discussed with city staff.
Chapman said the project is in the city review process, will proceed to the planning commission and then city council for final action, and that project details (management company, final lease terms and exact rental amounts) will be refined once the project moves into construction.
The planning staff advised nearby residents to monitor planning‑commission notices and city postings and said those within a proximity threshold would receive postcards about public hearings.
