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Woodbridge developers seek NEZ for 50‑unit 12th & Forest plan; residents split on benefits
Summary
X Y Z Developments asked the committee to establish an NEZ district to support a three‑phase project with 50 units (4 for sale, 46 rentals), 20% set aside at 80% AMI, green features and 62 parking spaces; the committee agreed to return the item on Nov. 20 for further review.
Developers and city staff presented a multi‑phase Neighborhood Enterprise Zone request for the Woodbridge area — the “12th & Forest” proposal — during the Sept. 18 Planning & Economic Development committee meeting.
David Howell (DGC) described a multi‑phase project led by Phil Lockwood of X Y Z Developments that would transform 11 land‑bank parcels into 50 housing units across four buildings, with a total projected investment that presenters quoted in the $16.5M–$18.7M range across phases. Lockwood said 20% of rental units would be offered at 80% AMI and that many…
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