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Study Session 02072022_snapshot_CCHousing Activity Snap Shot: Date 02/07/2022 Project Name Developer Incentive or Type # of Units Price Point Timeline notes Under Construction PreppedProjects Being Specials Del Ray Mobile or All new park with all new None RENTAL: 50 $625 a month Start: 2021 Home Park units Mobile Complete: 2022 Home Units Wheatland Local developers/builders Specials OWNER 27 $185,000- Start: 2021 Valley, Phase 1 $250,000 3- 5 year build out Cedarhurst Dover Development LLC is a IRB RENTAL: 74 $4,000 - $7,000 Start: 2022 well-established Mid -West Senior and depending on Building Duration: 18 months developer and operator of Memory care type, Complete: 2023 senior living facilities Care apartment style, and additional care levels Ryan Addition South View LLC, Group of RHID, MIH OWNER: 66 Townhomes: Starts: 2022 local builders and land Support, Houses and townhomes $190,000 Building Duration: 24-36 owners. Permit Fee Townhomes months Waiver 42 houses Houses: Complete: 2024/2025 $225,000 Cedar Ridge Local developers/builders Specials OWNER: 14 lots $250,000- Start:2022 Phase II Houses $350,000 1-5 year build out Subdivision Magnolia Hills, Local developers/builders Special OWNER: 16 $250,000+ Starts: 2022 Phase 2 Houses 1-3 year build out Subdivision Stone Lake, Local developers/builders Specials Ownership 45 250K+ and 2 Start: 2023 Phase III and Rental: lots MF 3-5 year build out Sections B&C 2 apartment buildings and houses Cedar Point Local developers/builders Specials OWNER: 22 lots 300,000+ Start: 2024 Subdivision Houses 1-6 year build out Projects Being Negotiated Project Name Developer Incentive or Specials Type # of Units Price Point Timeline notes Drever Drever Developments has Incentives RENTAL: West Starting at The Developer has options on been doing rental housing Crawford: $750 a month three properties on Crawford for 50 years. The two main 400 Units, Street. The developer has also project sites offer two studio and purchased 68 acres near distinctly different lifestyles. % bedroom Menards and is in talks for an apartments additional 10 acres adjacent to The West Crawford Project their 68 acres. will be smaller units ideal for Penleigh singles and couples with a Gardens: Drever has developed a hip and more urban vibe. 1,000 units, relationship with and is under Amenities such as a dog 2 and 3 contractor with large and park, pool, bar or coffee bedroom notable local contractor to build house, party hosting spaces, cottages, 55 the project. co-working/remote-working and older space, and a fitness room. housing, Final project numbers are being apartments worked through now. The Penleigh Gardens and a live/ Project will be a whole work Start: End of 2022 or sooner neighborhood including complex retail, childcare, fitness with retail. *Units available for rent as they facility, pool, walk/bike are built trails, community gardens, Total Drever and dog park with 4 Developme different housing types. nt is 1000- 1400 units. Flaherty and Since 1993, Flaherty & Incentive, RENT: 200+ $750-$3,300 a Start: End of 2022 or beginning Collins Collins Properties has likely IRB Apartments month of 2023 completed over $2 billion in plus other development and have an applicable Project Duration: 18-24 months ongoing pipeline of a half- options. It billion in development. depends on *Units available for rent as they Additionally, they manage the chosen are built 76 properties and 12,000+ location *All information is based on City records and/or direct response from developers and are subject to change. multi -family units in 7 states across the nation. Perry Reid Perry Reid is a large rental IRB RENTAL: 150-200 $750-$3,300 a Start: Unknown property owner and Apartments month manager based in the Project Duration: 18-24 months Midwest. They already own and manage over 300+ *Units available for rent as they rental units in Salina. are built Aero Plains A group of local investors RHID + MIH OWNER: 228 $225,000- Start: Late Summer/Early Fall Subdivision have done a development Townhomes 250,000 2022 with owner occupied town homes in Lindsborg and will Project Duration: 23-36 months be doing a very similar project here in Salina. *Units available for rent as they are built Holmes Road Community A local non-profit developer Incentives: EITHER: 50-100 units The units will The CHDO has hired a Housing is looking to do a Any that developer is of higher be aimed at consultant and they are Development demonstration project would apply open and density moderate currently doing a study of sites Cooperation showing how other housing looking to "missing income or and products as well as a cost (CHDO) products (typically smaller) do what the middle" workforce feasibility analysis. We Demonstration will work as an alternative to community housing, income levels. anticipate a project proposal Project detached houses in a needs most. specifically sometime in 2022. traditional style subdivision. They may highlighting also do a a different Start: 2023 or 2024 rent to own product to program. the market. *All information is based on City records and/or direct response from developers and are subject to change.