The Lancaster Common Council has approved using the Arrow Ridge Business Park site for an $8 million workforce housing project which will create two 20-unit apartment complexes. City Administrator David Carlson says the housing is for individuals or families who have good jobs, but they make too much money for low-income housing and they don’t have enough money to go out and build a new house or get a market-rate apartment. The city council points out that the Arrow Ridge site offers several benefits, including full service of utilities and a stormwater pond, proximity to employers in the park and city ownership of the property, which reduces the land acquisition costs. City officials now will work on finalizing the development agreement with Wisconsin Management Company.
Arrow Ridge Business Park Selected As Site For Housing Project
Oct 20, 2022 | 2:12 PM
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