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Developer says 55+ designation restricts marketability; seeks broader housing options
Summary
Applicant Jimmy DeGraffenreid told the commission the 55+ active-living designation has limited sales and that removing the restriction would allow a mix of housing types to better serve younger families and improve property value.
Developer-partner Jimmy DeGraffenreid told the planning commission his group seeks flexibility to market housing types other than 55-plus units because, he said, active-living products "are not selling all that well." He said the owners want to provide more options, including townhomes and traditional single-family housing, to allow younger families to remain in Payson.
"That, you know, we looked at... they're not selling all that well," DeGraffenreid said, arguing the change would allow the property to reach a larger market. After public comment, Mr. DeGraffenreid acknowledged the hearing had been unusually respectful compared with other multifamily proposals and indicated he was open to working with the commission on transitional design and density limits.
Property co-owner Mike Anderson also addressed the commission, saying owners want to help keep children and young families in the community by providing housing options priced below rapidly rising market levels. "If we can get some kids into some homes that they can afford, that was my thought on the subject," Anderson said, and he urged consideration of the owners' position as the commission shaped its recommendation.
