|WCSI Local News|
The Seymour City Council gave final approval Monday evening to annex nearly 20 acres northeast of the city and to issue $3 million in economic development bonds to help start a major housing project.
The "Seymour Tribune" is reporting that the development includes a 200-unit luxury apartment complex to provide housing for engineers and professionals moving into the area for jobs at the Cummins plant in Seymour. The need for high-end housing was addressed after the engine manufacturer decided to expand operations there.
The paper says the property being annexed is bordered by Burkart Boulevard to the south, O'Brien Street to the west and Enos Road to the north. The property is owned and will be developed by Bushmann LLC of Columbus.
Council members also heard first reading of an ordinance annexing an additional 80 acres in the same area for 120 single-family homes priced at $200,000 and higher, to be built by the same developers. This annexation ordinance is being referred to as the second-phase of a housing project aimed at accommodating high-skilled Cummins employees, as well as other professionals.
For more on this story, visit www.tribtown.com.
Last Updated: Wednesday, August 28, 2013 6:43:17 AM
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