Report: Million-Dollar Homes Planned at Woodbury Development
The Woodbury City Council on Wednesday is expected to examine plans for Autumn Ridge, located at the southwest corner of Military Road and Radio Drive.
A developer envisions homes that would range from $700,000 to more than $1 million in the southwest portion of Woodbury, according to a Star Tribune report.
The Woodbury City Council on Wednesday is set to discuss plans for Autumn Ridge, a 61.35-acre parcel located at the southwest corner of Military Road and Radio Drive, north of Glen Road. Twenty single-family homes would be built at the site, according to a council memo.
Groundbreaking on the first of the houses is expected to begin this spring, Tim Thone, of Thone Property Investments, told the Star Tribune.
“Nobody’s really done an estate-type development in Woodbury in more than 25 years,” he told the newspaper.
Autumn Ridge would mark the latest phase of development for the area, following plans for Bielenberg Gardens, which would feature retail and residential growth across more than 200 acres at the southwest corner of Radio Drive and Bailey Road.
There are already plans for a new grocery store at the site.
Related: Group Announces Plans for New Grocery Store, Retail Space at Woodbury’s Future Urban Village
Meanwhile, the city previously approved plans for Bailey Lake, a 40-acre parcel slated for 98 homes south of Bailey Road and east of Pioneer Drive. There are also plans for a 60-acre development south of the Bailey Lake where developers expect to build 209 new homes.
Regarding Autumn Ridge, staff recommends the city council approve the planned-unit development, findings of fact for a conditional-use permit and the preliminary plat.
“This is a very unique project,” Eric Searles, Woodbury associate planner, told the Star Tribune. “We think it fills a need for executive housing here in Woodbury.”
The council meets at 7:30 p.m. Wednesday, Feb. 27, at City Hall.
Visit the city’s website for the full agenda.
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Charles Shaw
1:02 pm on Tuesday, February 26, 2013
"We think it fills a need for executive housing here in Woodbury"
Is there a shortage of homes in the $700,000- $1 million range in Woodbury? Either way, the additional property tax revenue will be good for Woodbury.
Kris Janisch
1:04 pm on Tuesday, February 26, 2013
That is for sure Charles. And we'll have to see the plat, but it's a lot of acreage for only 20 homes.
Jon
3:59 pm on Monday, March 4, 2013
I will be anxious to see how this unfolds. The property is currently just a big field with hardly a tree on it – surrounded by nothing but run-down farmsteads. Glenn Road is in desperate need of repair, as is Radio Drive south of Bailey Road. I sure hope they are able to make it happen – it would increase property values all around – and hopefully bring more development to the South end of Woodbury.
Kris Janisch
4:04 pm on Monday, March 4, 2013
I did an update on this Jon, sounds like they'll have a model home going up this spring: http://patch.com/A-2v1d
Aaron
7:13 pm on Tuesday, March 5, 2013
I'm with Jon on this one... usually people look for a large estate lot for a little privacy. This big open field surrounded by fairly busy roads will not provide that. Wish the developer the best, but this area seems much more primed for lower value homes.
Kris Janisch
8:43 am on Wednesday, March 6, 2013
Maybe it'll be a gated community?