The 77 acre mixed use project called CBD 101, at Bethany Home and the 101 in Glendale is closer to reality with initial grading, and installation of water and sewer lines scheduled for later this year.
Currently Phase 1 is scheduled to be completed in Fall 2010. At this point it is our guess that the developer will elect to build 150 residential apartments in Phase 1, rather than condominiums (the property is zoned to allow either one) given the state of the real estate market today.
Ultimately, the plans call for a total of 850 residential units. We at WKU are hopeful that a majority of those are AFFORDABLE mid to high rise condominiums.
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