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Developer reintroduces plan for 272-unit Brownsburg apartment complex; council hears traffic and affordability concerns
Summary
CRG Residential presented an informational rezoning and annexation plan for the Lee property that would build 272 one- and two-bedroom apartments and a 5,400 sq ft commercial outlot; council members pressed the developer on traffic access and affordability, and no vote was taken tonight.
CRG Residential returned to the Town of Brownsburg council on Feb. 12 to present a revised plan to annex and rezone the Lee property for a multifamily project of 272 apartments and a roughly 5,400-square-foot commercial outlot.
John Lazo, representing CRG Residential, told the council the applicant reduced density by 30 units since the project’s last appearance and is proposing all one- and two-bedroom units with approximately 496 parking stalls, a mix of attached covered and surface parking. He said the developer expects a blended rent of about $1.75 per square foot, which he described as roughly a $1,650 average…
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