In a recent government meeting, officials discussed the upcoming subdivision plans in the northwest part of the city, specifically highlighting the Lyons subdivision along the frontage road. An appraiser on the committee emphasized the importance of setting clear expectations for developers from the outset to streamline the process.
The discussion revealed a trend in the real estate market, with a noted preference for corner lots over internal lots, which are becoming increasingly sought after by developers. This shift is influencing how subdivisions are being planned and marketed.
Additionally, the meeting addressed the case of a developer in Farmington, who is incentivized to include moderate-income housing in his project to increase the number of lots from a standard offering to 16. This approach, described as a \"carrot\" for developers, aims to promote affordable housing options while also maximizing development potential.
Officials commended Farmington for its inclusive zoning policies that allow for moderate-income housing across all zones, highlighting the city's progressive stance on housing diversity. The meeting underscored the ongoing efforts to balance development needs with community housing goals.