Developer outlines 65-unit Beach Knot plan and asks county for $2.5M in infrastructure funds
A Penrose representative presented a plan for a 65-unit, two-phase housing development at the former Beach Knot site, said an HCR application is planned for Sept. 10, and requested $2.5 million in county-directed infrastructure funds to make the site shovel-ready; the developer also discussed possible inclusion of 10 supportive housing units.
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Angela Eicholt of Penrose presented a multi-slide update to the Economic Development Planning Committee outlining changes to the former Beach Knot proposal, financing options, and a county funding request.
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