Horizon Development Group seeks Greenfield’s approval for Layton Preserve apartments

The Greenfield Plan Commission on Tuesday will consider developer’s plans for 45 units at a mixed-income apartment complex near West Layton Avenue and South 99th Street.

Madison-based Horizon Development Group wants to build the 38-unit Layton Preserve on more than 4 acres, city plans showed. The development will be age-restricted for people 55 and older and will be home to a mix of market-rate and income-restricted units. Plans also include a seven-unit income-restricted townhome style building with detached garages and underground parking for the three-story structure.

Developers haven’t disclosed how much the project will cost.

The developers submitted an application to the Wisconsin Housing and Economic Development Authority (WHEDA), which will announce awards at the end of May, plans showed. If Horizon is approved, WHEDA’s tax credit program will fund between 50-60% of project costs.

Conceptual plans showed a quarter of the lot would be preserved for a local wetland area, which calls for storm water retention. Layout of the plans are subject to change if the city’s right-of-way is discontinued or vacated, plans showed.

“The site has its limitations with a substantial amount of wetland covering the property. The proposed site plan layout situates the townhomes and detached garages north of the office building on the west side of the cul de sac,” site plans showed.

“The 38-unit three-story senior apartment building is situated north of the West Chapman Avenue, east of the cul de sac. The layout is subject to change if the (right of ways) are discontinued/vacated. Another challenge of the site is the need for storm water detention, which cannot take place in dedicated wetland. In addition, the wettest area in this vicinity is where the cul de sac (right of way) is located, which would be a substantial challenge if Horizon were required to maintain the dedicated ROW areas,” site plans showed.

Horizon Management Services will serve as Layton Preserve’s building manager when construction is done, the developer said. The development group has completed more than $2 billion in construction and development projects and manages 3,000 units in the Midwest, the developer added.