Multi-Family Development - Cunat, Inc.

 Cunat Inc. has submitted its concept plan for a multi-family complex on Hartigan Road between Home Depot and Terra Springs. This page will be a resource for all current news regarding this proposed development.

Fast Facts: Cunat, Inc. Development "The Woods of Terra Springs"

Proposed Concept Details

  • 17 Acre Site
  • 240 Units or 14 units/acre (A reduction from originally planned 386 units)
  • 144 One Bedroom Apartments (692 sq.ft. - 892 sq.ft.)
  • 96 Two Bedroom Apartments (928 sq.ft. - 1013 sq.ft.)
  • 11 3-Story Buildings (Comparable in height to current 3-story townhouses in Terra Springs)
  • 5 30-Unit Buildings
  • 6 12-Unit Buildings
  • Clubhouse Included (17,500 sq.ft.)
  • Amenities Include an Indoor Pool, Community Room, Centralized Garbage Collection, Centralized Mail Delivery
  • Green Space and Wooded Area Will Be Preserved
  • Rent Projections of $1,200 - $1,600/month
  • No Section 8 Housing Allowed
  • Population Projection of 437 People
  • 19 Children (5 High School, 14 K-8) based on Board of Education Population Projections

Tax Revenue

  • Property Taxes Generated:  $1,123,751 (Based on 2019 Tax Rate)
  • Village:  $92,869
  • Grant High School:  $267,469
  • Big Hollow School District:  $446,459
  • Additional $66,500 of Per Capita Tax Revenue 

Currently the developer has not submitted formal plans to the village for review. The concept is just a sneak preview of what the developer would like to do. The next step in the review process for this development will include a public hearing. Once the date has been set, it will be posted here as well as on the Village calendar.  

Zoning Approval

  • Planned Unit Development
  • Will Check Compliance of Zoning Ordinances
  • Public Hearing Required

Engineering Review

  • Tree Inventory Conducted
  • Traffic Study
  • Stormwater Management Compliance
  • Ulilities
  • Landscaping (Screening)

Building Plan Review

  • Compliance With Building Codes
*If you have any feedback or questions regarding the proposed concept, you can submit them to the Village via this form:  Feedback Form

**This page will be updated as public information regarding this project becomes available.