Update, April 12: The developer of a 169-unit apartment complex approved last year in Oakwood was given the go-ahead Monday night for 80 more units.
Oakwood City Council voted April 12 to annex 3.3 acres at 3640 Old Oakwood Road south of Mundy Mill Road for the addition. The council also granted Salt Lake City-based The Ritchie Group’s request to rezone the site from industrial to planned residential development.
Approval of the project came with a key condition — a traffic study to determine the complex’s impact on Old Oakwood Road.
“My inclination is that the traffic study is going to show that there’s not a severe impact to the traffic on Old Oakwood Road,” said Jonathan Ritchie, principal with The Ritchie Group, after the meeting.
One of the driving forces behind the added units was to give residents at the complex access to the traffic light at Old Oakwood Road and Mundy Mill Road.
Update, March 15: A 172-unit apartment complex approved last year in Oakwood has been recommended for an 80-unit addition.
The Oakwood Planning Commission voted Monday, March 15, to recommend approval of Salt Lake City-based The Ritchie Group’s request to annex 3.3 acres at 3640 Old Oakwood Road south of Mundy Mill Road for the units. The developer also got the commission’s OK for rezoning the site from industrial to planned residential development.
The requests now go to Oakwood City Council for a later vote.
A 172-unit apartment complex approved last year in Oakwood could get an 80-unit addition.
Salt Lake City-based The Ritchie Group is seeking annexation of 3.3 acres at 3640 Old Oakwood Road south of Mundy Mill Road for the addition. The developer also is seeking a rezoning of the site from industrial to planned residential development.
Approval of the project not only would enlarge the development but give residents another way to enter and leave the entire complex, said Jonathan Ritchie, principal with The Ritchie Group, on Friday, March 12.
Under the complex’s current layout, residents would only be able to turn right into or turn right out of the planned entrance at 4309 Mundy Mill Road, or across from Executive Drive.
“We would never have access to a traffic light,” Ritchie said. “Going onto Old Oakwood Road (would allow) people to make left turns.”
A traffic light is at the Old Oakwood Road/Mundy Mill Road intersection.
The 172-unit site on 7 acres “is financially viable enough on its own” without the additional units, Ritchie said. “We would do it as it stands, but this (addition) just improves (the entire complex). I think it makes it a better project.”
And “adjacent properties will be positively impacted,” says the Ritchie Group’s application to the city for the addition. “... An attractive modern farmhouse design … will enhance the attractiveness of the area.”
If all goes as the developer hopes, construction on the overall project could begin in late 2021, he said.