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The village`s planning and zoning board this week unanimously recommended rezoning 2.2 acres from office to multifamily and a variation to increase the maximum allowable density for Liberty Point Residences. Northpointe Development Corporation of Oshkosh and Dream Lane Real Estate Group of Madison, Wisconsin, are partnering on the project intended to serve households earning 30% to 80% of Lake County’s median income. The panel, during an informal review of the proposal earlier this year, learned the property has been vacant for years and challenging to develop because of multiple street frontages and significant setbacks, buffers and easements... Leo’s notes: The Liberty Point Residences proposal illustrates how strategic use of tax credits and smart siting can unlock housing opportunities even on challenging parcels. Gurnee’s willingness to consider rezoning and higher density reflects the type of flexibility communities need if we are serious about meeting housing demand without displacing residents. | ||
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Our Sponsors - - Volume: 25 - WEEK: 35 Date: 8/25/2025 9:19:44 AM - |