During the December 19th Planning & Zoning Commission meeting in Fate, Texas, a significant discussion centered around a proposed development project in the Monterra community. The developers presented their plans for new residential lots, emphasizing their commitment to quality and community engagement.
The developers highlighted their experience and collaboration with city staff, noting that they have been in close communication throughout the planning process. They provided details on the pricing of homes in the area, stating that the average price for homes on 60-foot lots is approximately $623,000, while homes on larger 70-foot lots average around $615,000, with prices ranging from $521,000 to $805,000. This information underscores the potential economic impact of the development on the local housing market.
A key point of discussion was the approval of the Future Land Use Plan (FLUP) for the project, which the developers requested without any conditions. They also addressed specific zoning changes that had been proposed, indicating that they had reached an agreement with city staff on certain modifications. One notable change involved the minimum lot grades for drainage swells, which are crucial for managing water runoff. The developers proposed that the minimum grade should be set at 1.5%, with the possibility of a lesser grade being considered upon approval by the city building official, but not dropping below 1.1%.
This meeting marks a step forward in the development process, with the potential to enhance the community's housing options and contribute to the local economy. As the project progresses, residents will be keenly watching how these developments align with the city’s broader goals for growth and sustainability.