The Collierville Planning Commission endorses 256 additional multifamily units at Schilling Farms between Poplar and Winchester.
As a result, the positive recommendation for a new neighborhood – the Water Tower District – includes 16.29 acres already zoned for mixed-use and multifamily. The development will include townhomes, duplexes, triplexes and flats. These spaces will range from one to three bedrooms.
Les Binkley, Boyle Investment Company vice-president, acknowledges this is “one of the most complicated residential developments” the company has done. Binkley thanks Nancy Boatwright, assistant town planner, for her assistance during the application process.
Furthermore, he acknowledged the unique design of the neighborhood. As a result, buildings will look different, not the same. Elevator apartment buildings are rare in the suburban market. This project proposes several.
According to Binkley, the project can “capture” all ages adding “richness” to neighborhoods.
Schilling Farms Plan
Due to prior reviews of the entire Schilling Farms project, the development could have up to 289 more multifamily units. This depends on if the mayor and aldermen approve this neighborhood proposal. The entire project is allowed to have up to 1,725 units.
Boyle will seek retail as part of this project at a later date. As a result, this phase includes 2,193 square feet of nonresidential space for the leasing office and neighborhood amenities.
Alderman John Worley points out the mayor and aldermen are not “aggressively seeking apartments.”
Commission Chairman Greg Cotton acknowledges the project already was granted the total number of apartments in the outline plan.
Jaime Groce, town planner, said the project will likely appear before the Board of Mayor and Aldermen in September. They may ask for the company to make improvements along Poplar at that time.
IMC Companies is making its headquarters home at Schilling Farms. Binkley said his company would like more large businesses to make their home in the development, and a project like the Water Tower District helps encourage their move to Collierville.
For more information, please check out the full article from the Daily Memphian.