GEORGETOWN — Indiana Landmarks and the developer behind an already-in-the-works subdivision have teamed up to create an innovative neighborhood along Highway 64 in Georgetown.
The subdivision will stretch from near Oakes Road to the Gehlbach & Royse Funeral Home and is set to contain 346 single family residences, 208 luxury apartments and 38,000-square feet worth of commercial development. What really sets the plan apart from other subdivisions, however, is the land that’s not being developed. The neighborhood will feature 40 acres of green space: 25 percent of the entire project.
“It’s a very unique subdivision,” said Jeff Corbett, the president of Premier Homes in Clarksville, the developer behind the neighborhood. Corbett has had plans to build a subdivision in the area, which used to be home to a golf course, since 2007. He had a planned unit development approved for the project, but the recession put his plans on hold.
In 2015, Corbett picked the development back up again and received preliminary plat approval for the subdivision, which he named Knob Hill.
In 2016, Indiana Landmarks was gifted 236 acres of farm land: 161 acres to preserve and 75 acres to sell for development. The 75 acres lay adjacent to Knob Hill.
Greg Sekula, director of Indiana Landmarks, wanted to turn the land into a commercial and residential development featuring a lot of open space, and he hired nationally recognized land use planner Randall Arendt to design it.
After receiving the plans, Sekula approached Corbett about combining their developments and tying them together with Arendt’s ideas.
Corbett agreed — even though the plan would involve modifying the original Knob Hill subdivision.
The connected subdivision will feature smaller lots than many neighborhoods, but with nature trails throughout, Corbett said. The green space also includes some lakes, but Corbett hopes to plant trees in most of it — allowing them to grow undisturbed.
Corbett already has ideas for the commercial land, which consists of three lots. He’s in talks to bring a year-round, non-profit farmer’s market to the area. Corbett also likes the idea of a deli with seating on the sidewalk.
The Knob Hill side of the development will also include two clubhouses and pools for residents. Some of the homes on Corbett's side are already finished.
Rent for the apartments will range from $1,000 to $1,200 and the single family residences will mostly cost $200,000 to $300,000, Corbett said.
Last month, Corbett made adjustments to the unbuilt sections of his subdivision and presented them to the Floyd County Plan Commission where they were favorably recommended on to the Floyd County Commissioners.
Corbett still has to have Indiana Landmarks’ side of the connected subdivision approved. The planned unit development appears before the plan commission on Monday.
Sekula said he hopes the finished subdivision will introduce a new way to create neighborhoods to the area.