PRINCETON, TX. - Several new housing developments were approved by the Princeton City Council during the regular meeting Monday, Jan. 24.
Princeton Retreat, which will be situated off of County Road 408, will contain 55 single-family homes, an amenity center and park area for residents to use. Council unanimously approved it.
Councilmembers also considered the preliminary plat for the final addition to the Princeton Crossroads development, located near Lake Ridge and E. Princeton Drive. The new housing expansion, called Litehouse Village, will put in 146 single-family units for rent to complement the multifamily housing already built.
Ron Thomas, who spoke on behalf of the developer, told council part of the development includes improving the existing roads nearby.
“This helps improve some of the offsite cost,” Thomas said. “We all know what Hazelwood has been doing the last several years. The little corner piece on the property will help improve Cole Street and add another southbound thoroughfare for Hazelwood.”
The plat was unanimously approved by councilmembers.
Council narrowly approved a development agreement with Varma and Sireesha Penmasta to develop a tract of land inside the extraterritorial jurisdiction (ETJ) of Princeton near Charley’s Concrete on County Road 982. Much of the debate on the proposed development revolved around the 110 townhomes that would be constructed.
Councilmembers Keven Underwood and David Kleiber expressed their reluctance to approve more apartments in the city. They both preferred more single-family homes rather than multifamily housing solutions.
Council narrowly approved the development agreement, 3-2, with Kleiber and Underwood voting against.
Full Story PRINCETON NEW HOMES APPROVED
Source: Princeton Herald
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