Business

Developer plans cottages on 90-acre site on U.S. 64

By Bill Moss, Published: March 26, 2017

LAUREL PARK — An Ohio developer that has built homes and apartments in the Carolinas has plans for 56 two-bedroom cottages on a 90-acre piece of land across from Hunters Crossing on U.S. 64.

“After many conversations with (Laurel Park Town Manager) Alison (Melnikova) and the town for a while we’re hoping to bring something in within 30 to 60 days,” said Mark Kopcienski, of WXZ Development Inc. in Fairview Park, Ohio.
In the first phase, the developer plans 56 cottage units with two bedrooms and a one-car garage on 16 acres that fronts U.S. 64. The developer plans to file a site plan and seek a conditional use permit for the project.
“It’s all down on the flat side,” Kopcienski said. “The top of our property gets pretty steep. We are planning on going for a conditional use permit. This property had a conditional permit back in 2008 with some denser development.”
The developer plans to lease the units in the development, called Arcadia Views.
“They’re not short-term” rentals, Kopcienski said. “We’re not planning on it being restricted (for seniors). However, we do understand there are a lot of retirees in the market.”
Because Laurel Park annexed the property, the developer will tie on to the town’s water system. It plans to hook up to a sewer line from the city of Hendersonville.
The Ohio-based developer has built affordable apartments using tax credit financing and has other projects in North Carolina and South Carolina.
WXZ’s Greenway Residential Development LLC has built or is currently building 11 tax-credit financing projects with 650 units in the Carolinas.
“We have a very big presence in North and South Carolina,” Kopcienski said. “We did a project in Asheville two years ago and we’ve done projects from the mountains to the beach. We’re looking forward to coming into the area. We understand there’s a lot of people interested in residential housing and the supply is a little bit tight and we’re coming into the market with something that will be just right for people coming in to the area.”